Dominance Analysis #USDT。
USDT is consolidating inside an ascending triangle, facing rejection at the horizontal supply zone. The 200 moving average is providing strong support, allowing Dominance to recover. Further consolidation within the pattern is expected.
A break above the triangle could lead to bullish momentum in Dominance. However, a downward move in USDT.D would act as a bullish signal for the broader crypto market due to its inverse correlation. Keep a close eye on this key level