#USDT DOMINANCE ANALYSIS

USDT Dominance is consolidating within an ascending channel and is currently trading above the channel’s support trendline. The 200MA is acting as a resistance barrier above the current price action.

A breakout above the 200MA could signal further upward movement, while a breakdown below the channel may lead to a deeper downward correction. Keep an eye on the upcoming price action.

Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.