#BTC
#USDT DOMINANCE ANALYSIS
USDT Dominance is forming a triple bottom pattern and is currently facing rejection from the horizontal supply zone. The 21MA is acting as support.
A breakout above the neckline could trigger an upward rally, while a breakdown below the 21MA may lead to further decline.
It’s important to note that USDT Dominance often exhibits an inverse correlation with the broader cryptocurrency market.
