DOMINANCE ANALYSIS #USDT

USDT.D is currently forming a descending triangle, recently encountering a bounce at the resistance line. It is now moving towards a horizontal support level, indicating a potential bearish continuation.

The Ichimoku cloud further confirms this forecast, showing a prevailing bearish trend. If USDT.D drops below the support level, it could signal a bullish shift in the broader cryptocurrency market, considering the typical inverse correlation between USDT dominance and overall market dynamics. #cryptotrading #CryptoStrategy #CryptoNews