🚨 USDT.D (#USDT Dominance) Special Analysis (VIP Analysis and Signal)
USDT.D (#USDTDominance ) closed the daily candle at 4.30%. For now, the 4.30% support level seems to be holding, and there is a high possibility that USDT.D will continue its upward trend. The 4.30% level is very important because it was also the 50-day moving average (50MA) resistance, which was broken strongly and with volume two days ago. The fact that it didn’t close below 4.30% today technically confirms that it has successfully retested and the upward trend will likely continue. The 4.30% level, which was the 50MA resistance, has now turned into support, and the daily candle closure from an hour and a half ago confirmed that this level is acting as support.
Therefore, it is likely that #USDT.D will hold above this level and continue its upward movement. If the 4.30% support continues to hold, there is a high possibility of a bearish scenario for both BTC and altcoins. In summary, we need to hold above 4.30%.
Current Resistances: 4.40% - 4.50% - 4.60%
Current Level: 4.32%
Current Supports: 4.30% - 4.20% - 4.10%
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