https://www.tradingview.com/chart/USDT.D/dg2AMc7x-USDT-Dominance-Chart-Analysis/

Reaction level: 4.60%

This area acts as a key overhead resistance, highlighted by price rejection at or near this previous level. A breakout above 4.60% would signal a change in momentum towards increasing USDT dominance.

Support area: 3.71%

This is a strong demand area where the price previously bounced. If the market returns to this level, it could provide crucial support and a potential reversal area.

The chart shows a clear descending channel with the price breaking or testing the upper boundary. This indicates a potential trend reversal or an attempt to move higher.

The price interacts with the moving average (possibly the 50-day MA), which has acted as resistance several times. Sustaining above the moving average would indicate bullish momentum.

DYOR, NFA

@Peter_CSAdmin