#USDT DOMINANCE ANALYSIS
USDT.D declined after breaking down and successfully retesting below the rising wedge. The Ichimoku Cloud indicates a bearish trend. Additionally, it broke down below the 200-day moving average (MA 200), suggesting a further downward move is expected.
However, a retest of the MA 200 is also possible. It's important to note that USDT dominance works inversely proportional to the crypto market.
