#USDT DOMINANCE ANALYSIS
USDT Dominance is consolidating within an ascending triangle, facing rejection at the horizontal supply zone. The 200MA is providing strong support, enabling dominance to rebound. Further consolidation within the pattern is expected.
A breakout above the triangle could lead to upward momentum in dominance. However, a downward move in USDT.D would serve as a bullish signal for the broader crypto market due to its inverse correlation. Keep a close watch on this key level