#USDT DOMINANCE ANALYSIS$USDT Dominance is forming a triple bottom #pattern and is currently testing the neckline. The Ichimoku Cloud is acting as support, indicating strength. A successful test of the neckline could trigger an upward rally. However, rejection from this level may lead to a pullback. Keep an eye on further price action developments. It’s important to note that $USDT Dominance often exhibits an inverse correlation with the broader #cryptocurrency market. #crypto
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#USDT DOMINANCE ANALYSIS$USDT Dominance is forming a triple bottom #pattern and is currently testing the neckline. The Ichimoku Cloud is acting as support, indicating strength. A successful test of the neckline could trigger an upward rally. However, rejection from this level may lead to a pullback. Keep an eye on further price action developments. It’s important to note that $USDT Dominance often exhibits an inverse correlation with the broader #cryptocurrency market. #crypto