USDT Dominance (USDT.D) — Weekly Timeframe Overview
Looking at the weekly chart for USDT.D, price action is currently reacting to a major confluence of resistance:
🔹 Support-turned-Resistance (S/R Flip): Rejection right around key prior weekly levels.
🔹 Double Bottom Neckline: Testing the structural neckline as overhead supply.
Takeaway:
If this resistance zone holds, we may be looking at a local top for USDT Dominance — which historically translates to a macro swing low / bottom formation for the broader crypto market.
Keep a close eye on the weekly close.
Rejection here could trigger the next wave of capital rotation back into BTC and Altcoins. 🚀
#USDTD