USDT.D at Key Support: Will Altseason Ignite?
USDT.D Weekly Analysis:
Key Zone: USDT.D is trading at a critical support zone, with a successful retest of the broken trendline confirming bearish momentum.
Bearish Potential: A breakdown could lead to a 48% drop in dominance, paving the way for an altseason as funds rotate out of stablecoins.
Bullish Risk: If the support holds, bearish momentum could stall, delaying the altcoin rally.
Key Zone: USDT.D is trading at a critical support zone, with a successful retest of the broken trendline confirming bearish momentum.
Bearish Potential: A breakdown could lead to a 48% drop in dominance, paving the way for an altseason as funds rotate out of stablecoins.
Bullish Risk: If the support holds, bearish momentum could stall, delaying the altcoin rally.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.