Altcoin Session Analysis – #USDT.D Technical Analysis
The chart shows that USDT Dominance (USDT.D) is forming a bearish flag pattern and has just broken down, confirming a continuation of the downtrend. This is often a positive signal for the altcoin market, as when USDT.D decreases, capital usually flows from stablecoins to altcoins.
Resistance Zone (Supply Zone)
Currently, the price is retesting the resistance zone of 4.39% – 4.54%.
This is a strong supply zone (Supply Zone), where it is likely that sellers will regain dominance.