#USDT DOMINANCE ANALYSIS
USDT Dominance is facing rejection from the descending triangle's resistance and attempting to break the horizontal demand zone.
The 21MA and Ichimoku Cloud are acting as resistance, showing #bearish momentum breakdown may lead to further downside, though a rebound is also possible.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening #bullish momentum across the
#crypto space
1
