#Binance DOMINANCE ANALYSIS
FDUSD has broken through both the symmetrical triangle and the Ichimoku cloud resistance, and it is currently trading above the triangle. If it manages to break above the horizontal resistance zone and retests this level successfully, we could observe an upward movement in FDUSD.
Conversely, there is a possibility that it may face rejection from the horizontal resistance zone. It is crucial to understand that the movement of FUSDT.D is inversely proportional to the crypto market, meaning that an increase in FDUSD typically corresponds with a decline in the broader cryptocurrency market.
Therefore, monitoring these resistance levels and their corresponding reactions is essential for predicting future market trends.
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