USDT.D has officially broken out of the descending channel, indicating a potential shift in momentum.
Key Points:
- LTF bullish divergence supported the recent push.
- Price is now testing the breakout level with potential to move higher.
- Next key resistance levels are marked at 4.85%, 5.23%
Both levels align with Fibonacci retracement zones, adding to their importance.
If this move sustains, we might see temporary pressure on alts due to increased USDT strength.
However, if price fails to hold above the channel and confirms a deviation, alts may resume dominance.
Weekly close remains key — it will either validate this breakout or trap the breakout traders.
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