USDT.D is currently forming an ascending triangle on the 4H chart. If it breaks below the rising trendline with a strong close, it could be a bearish signal for USDT.D. 👀
The next important support zone is around 5.8%–6.0%. If USDT.D reaches this zone, it could indicate that liquidity is moving from USDT into BTC and altcoins, which would be bullish for the crypto market. 📈
In my view, if this setup confirms, there is a possibility that BTC could move toward and potentially break above $90K. However, we should wait for confirmation from BTC price action and volume.
What do you guys think? Am I reading this setup correctly? 🤔📊
USDT Dominance is showing weakness on the weekly timeframe. It has rejected the 7.0–7.3% resistance zone and is currently moving down.
The key support is around 5.9%, which also aligns with the 200 EMA. If USDT.D breaks below this level, it could support further upside in BTC and the broader crypto market.
For now, 7.0–7.3% is the key resistance and 5.9% is the key support.
OPN/USDT looks like an interesting coin for a **3x–5x potential trade**. 🔥
OPN has been in an accumulation phase for around **89 days** and has now broken out of that range. The price is also showing strength with good volume.
I’m waiting for a **retracement** rather than chasing the breakout. If we get a good volume candle confirmation, my entry zone would be around **$0.050–$0.045**.
For the SL, I’d keep it according to your wallet size and risk management. 📊
Not financial advice — just sharing my setup. DYOR. 🚀 $OPN $BTC $ETH