$USDT Dominance has broken out of the ascending triangle #pattern with significant volume and is now testing the breakout level. The Ichimoku Cloud is acting as strong support, showing #bullish strength. A successful test of this level will confirm a #bullish trend, while a failure could push price action back inside the pattern. Considering $USDT Dominance’s inverse relationship with the broader #crypto market, a breakdown here could signal increasing bullish momentum across the #crypto space
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#USDT DOMINANCE ANALYSIS
$USDT Dominance has broken out of the ascending triangle #pattern with significant volume and is now testing the breakout level. The Ichimoku Cloud is acting as strong support, showing #bullish strength. A successful test of this level will confirm a #bullish trend, while a failure could push price action back inside the pattern. Considering $USDT Dominance’s inverse relationship with the broader #crypto market, a breakdown here could signal increasing bullish momentum across the #crypto space