🔶 USDT DOMINANCE ANALYSIS
#USDT Dominance has broken out of the descending triangle pattern with significant volume and is currently facing rejection at the horizontal supply zone. The Ichimoku Cloud is acting as support.
A retest of the breakout level is possible. However, a breakout above the supply zone could trigger a further upward rally.
It’s important to note that $USDT Dominance often exhibits an inverse correlation with the broader cryptocurrency market.