$USDT Dominance is consolidating within a descending triangle #pattern and is currently #trading above the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier above the price action. A decisive breakout or breakdown from the #pattern is needed to determine the next directional move.
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#USDT DOMINANCE ANALYSIS
$USDT Dominance is consolidating within a descending triangle #pattern and is currently #trading above the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier above the price action. A decisive breakout or breakdown from the #pattern is needed to determine the next directional move.
Considering $USDT Dominance’s inverse relationship with the broader #crypto market, a breakdown here could signal increasing bullish momentum across the #crypto space.