USDT.D is approaching a major downtrend resistance.
A rejection from this level could trigger a pullback, forming a lower high structure before targeting the key support zone at 3.80%.
Bearish Outlook:
Rejection at resistance 5.30% zone, Lower highs formation
Potential drop to strong support
What This Means for Crypto?
A decline in USDT dominance usually signals bullish momentum for #Altcoins & #BTC!
Keep an eye on the reaction at resistance.
A rejection from this level could trigger a pullback, forming a lower high structure before targeting the key support zone at 3.80%.
Bearish Outlook:
Rejection at resistance 5.30% zone, Lower highs formation
Potential drop to strong support
What This Means for Crypto?
A decline in USDT dominance usually signals bullish momentum for #Altcoins & #BTC!
Keep an eye on the reaction at resistance.
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