$USDT Dominance Hits Major Support — Is Crypto About to Face New Selling Pressure?
USDT.D is currently trading inside a major Support Zone and has reacted strongly from the Potential Reversal Zone (PRZ).
Several technical signals are now aligning for a potential short-term reversal.
From an Elliott Wave perspective, the main Wave 5 appears to be approaching completion inside the PRZ, suggesting that the recent decline in USDT Dominance could be nearing exhaustion.
At the same time, a clear Regular Bullish Divergence (RD+) is visible between two consecutive lows, providing additional confirmation that bullish momentum may be starting to develop.
I expect USDT.D to potentially begin another upward move, at least in the short term.
This matters for the broader crypto market.
A sustained rise in USDT Dominance often reflects capital rotating toward stablecoins and a more defensive market environment. If this scenario develops, $BTC , $ETH , and altcoins could come under renewed selling pressure.
For now, the reaction from the current Support Zone and PRZ will be critical.
What comes next?
🔴 USDT.D rebounds and pressures crypto
🟢 Support fails and crypto gains strength
#tether
USDT.D is currently trading inside a major Support Zone and has reacted strongly from the Potential Reversal Zone (PRZ).
Several technical signals are now aligning for a potential short-term reversal.
From an Elliott Wave perspective, the main Wave 5 appears to be approaching completion inside the PRZ, suggesting that the recent decline in USDT Dominance could be nearing exhaustion.
At the same time, a clear Regular Bullish Divergence (RD+) is visible between two consecutive lows, providing additional confirmation that bullish momentum may be starting to develop.
I expect USDT.D to potentially begin another upward move, at least in the short term.
This matters for the broader crypto market.
A sustained rise in USDT Dominance often reflects capital rotating toward stablecoins and a more defensive market environment. If this scenario develops, $BTC , $ETH , and altcoins could come under renewed selling pressure.
For now, the reaction from the current Support Zone and PRZ will be critical.
What comes next?
🔴 USDT.D rebounds and pressures crypto
🟢 Support fails and crypto gains strength
#tether
