USDT Dominance (4H) Analysis
After a strong upward move, USDT dominance is currently retracing from its recent high. The market shows signs of short-term correction, and I expect price to reach the following potential support levels:
4.71% – minor support, possible reaction zone.
4.60% – key short-term level; if broken, further downside likely.
4.50% – next significant support area.
4.43% – deeper correction target if bearish momentum continues.
If dominance holds above 4.60% and forms a bullish structure, we might see another leg up. Otherwise, continuation toward the lower levels seems likely.
After a strong upward move, USDT dominance is currently retracing from its recent high. The market shows signs of short-term correction, and I expect price to reach the following potential support levels:
4.71% – minor support, possible reaction zone.
4.60% – key short-term level; if broken, further downside likely.
4.50% – next significant support area.
4.43% – deeper correction target if bearish momentum continues.
If dominance holds above 4.60% and forms a bullish structure, we might see another leg up. Otherwise, continuation toward the lower levels seems likely.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.