#USDT DOMINANCE ANALYSIS
USDT.D is currently forming a rising wedge pattern and appears to be approaching the support trendline. The Ichimoku cloud is acting as a support below the current price action.
A sustained breakdown of the rising wedge and Ichimoku cloud would confirm a bearish trend, whereas a bounce from the support trendline would indicate further consolidation within the wedge pattern. It's important to note that USDT.D tends to move inversely to the crypto market.
