📉 $USDT DOMINANCE: SUPPORT UNDER PRESSURE — WHAT’S NEXT?
The 4H chart shows $USDT dominance pulling back from the marked resistance zones and approaching a key support area around 6.50%–6.60%.
🔍 Levels and scenarios to watch:
Current chart reading: ~6.525%
Near support: ~6.50%–6.60%
Lower support zone: ~6.23%–6.30%
Resistance zones: ~6.64%–6.68% and ~6.72%–6.86%
If $USDT dominance loses the near support and continues lower, it could indicate capital rotating out of stablecoins and into risk assets—but that alone does not confirm an altcoin rally. A bounce from support could keep risk appetite subdued.
👀 Watch for a 4H close and follow-through around these zones. This is a chart-based scenario, not a prediction.
Do you think USDT dominance will break lower or bounce from support?
#USDT #CryptoMarket #Altcoins #Bitcoin #TechnicalAnalysis
The 4H chart shows $USDT dominance pulling back from the marked resistance zones and approaching a key support area around 6.50%–6.60%.
🔍 Levels and scenarios to watch:
Current chart reading: ~6.525%
Near support: ~6.50%–6.60%
Lower support zone: ~6.23%–6.30%
Resistance zones: ~6.64%–6.68% and ~6.72%–6.86%
If $USDT dominance loses the near support and continues lower, it could indicate capital rotating out of stablecoins and into risk assets—but that alone does not confirm an altcoin rally. A bounce from support could keep risk appetite subdued.
👀 Watch for a 4H close and follow-through around these zones. This is a chart-based scenario, not a prediction.
Do you think USDT dominance will break lower or bounce from support?
#USDT #CryptoMarket #Altcoins #Bitcoin #TechnicalAnalysis