Hey guys, here's an update on the USDT dominance in 8 hours timeframe.
The USDT.D is currently on the verge of getting rejected from the resistance level. Still, we have possible support at 8.5% which may push the price above the resistance trendline. If the dominance gets rejected below the support level then I am expecting a strong rejection soon.
Key points:
1. Rejection from the 8.8% resistance.
2. Possible support at 8.5%.
3. Expected rejection to 7.8%.
Let me know your thoughts and ideas in the comment section.
Thanks for reading.