The area highlighted in yellow is around 3.80% to 3.90%, which aligns with recent higher lows and historical demand.

4.20%: Immediate resistance where the price is currently reacting.

The dashed line indicates 4.45%: Key resistance and potential target.

Descending resistance trendline: Broken upwards, indicating a bullish reversal.

200 MA (green line):

Acting as dynamic resistance, now broken.

The descending trendline and breakout above the 200 MA suggest that USDT dominance is gaining momentum.

The price may revisit the 4.00%–4.10% area for a retest before moving towards the 4.45% target.

If dominance sustains above 4.00%, continuation towards 4.45% is likely.

Keep an eye on strong candles and rising volume to validate the breakout.

A drop below 4.00% will invalidate the bullish setup, with a possible retest of the 3.80%-3.90% support area.

The chart shows a clear breakout from a downtrend, indicating a bullish bias.

Keep an eye on a retest of support and follow-up towards 4.45%.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.

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