USDT.D 2-Day Chart Analysis
USDT Dominance just bounced +3.32% today and that deserves attention from every altcoin trader.
After the aggressive drop from 9% all the way down to 6.40% in September, USDT.D is now showing signs of life' bouncing from the lower support area and currently trading at 6.874%.
The structure right now is sitting between two critical zones and the outcome here decides everything for altcoins.
The three zones that matter:
Strong Support Zone: 6.90ā7.20%, now acting as resistance above
Current price: 6.874%, bouncing but not yet reclaimed
Altseason Trigger: 5.70ā6.00%, the purple zone below
The honest reality:
This bounce is uncomfortable for altcoin bulls. If USDT.D reclaims back above 7.20%, money flows back into safety and altcoins feel the pain again. But if this bounce gets rejected and USDT.D rolls back toward the purple zone at 5.70%, altseason gets very real very fast.
DYOR, NFA
#BTC Price Analysis# #Altcoin Season# #BNBChain# $BTC #Tether
USDT Dominance just bounced +3.32% today and that deserves attention from every altcoin trader.
After the aggressive drop from 9% all the way down to 6.40% in September, USDT.D is now showing signs of life' bouncing from the lower support area and currently trading at 6.874%.
The structure right now is sitting between two critical zones and the outcome here decides everything for altcoins.
The three zones that matter:
Strong Support Zone: 6.90ā7.20%, now acting as resistance above
Current price: 6.874%, bouncing but not yet reclaimed
Altseason Trigger: 5.70ā6.00%, the purple zone below
The honest reality:
This bounce is uncomfortable for altcoin bulls. If USDT.D reclaims back above 7.20%, money flows back into safety and altcoins feel the pain again. But if this bounce gets rejected and USDT.D rolls back toward the purple zone at 5.70%, altseason gets very real very fast.
DYOR, NFA
#BTC Price Analysis# #Altcoin Season# #BNBChain# $BTC #Tether