$USDT Dominance has broken down from the rising wedge #pattern and is now #trading below the 200MA, which is acting as a resistance barrier. This setup suggests potential for further downward movement. Keep an eye on upcoming price action developments. 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 down from the rising wedge #pattern and is now #trading below the 200MA, which is acting as a resistance barrier. This setup suggests potential for further downward movement. Keep an eye on upcoming price action developments. Considering $USDT Dominance’s inverse relationship with the broader #crypto market, a breakdown here could signal increasing bullish momentum across the #crypto space