USDT Dominance has been trading in a clear descending channel for months, indicating a long-term bearish trend.
Price is currently testing the upper boundary of the channel, which has acted as strong resistance in previous attempts.

Around 4.40%, there is significant resistance formed by the descending channel's upper trendline.
A rejection here could lead to a continuation of the bearish momentum.
Immediate support lies near 4.00%, aligning with the midpoint of the channel.

If dominance continues to decline, the next major support zone is at 3.60%, with further downside potential to 3.20% and 2.80% if the bearish structure persists.


The green dashed lines suggest potential bearish movements if resistance holds, leading to a continuation toward the lower channel boundary.

Let me know if you’d like further assistance or adjustments!

DYOR. NFA