$USDT Dominance is rebounding from the horizontal demand zone of the rectangle channel and is currently #trading inside the horizontal supply zone, with the Ichimoku Cloud acting as support. A breakout of the channel would signal a #bullish trend, while rejection from the supply zone could lead to a downward move. It's important to note that USDT.D frequently demonstrates an inverse correlation with the #crypto market
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#USDT DOMINANCE ANALYSIS
$USDT Dominance is rebounding from the horizontal demand zone of the rectangle channel and is currently #trading inside the horizontal supply zone, with the Ichimoku Cloud acting as support. A breakout of the channel would signal a #bullish trend, while rejection from the supply zone could lead to a downward move. It's important to note that USDT.D frequently demonstrates an inverse correlation with the #crypto market