Hello traders, here is the USDT.D update:
The chart is currently hovering near a major resistance zone, one that historically plays a key role in triggering altseason.
After a period of consolidation inside the mid-range S/R zone, price is now testing the downtrend line from above. A clear rejection here could spark renewed confidence in altcoins, giving them space to rally.
On the flip side, a breakout above this level may delay altseason momentum, as capital remains parked in stablecoins.
For now, this zone is the make-or-break area for altcoin sentiment. Keep it on your radar, the next move could set the tone for the coming weeks.
The chart is currently hovering near a major resistance zone, one that historically plays a key role in triggering altseason.
After a period of consolidation inside the mid-range S/R zone, price is now testing the downtrend line from above. A clear rejection here could spark renewed confidence in altcoins, giving them space to rally.
On the flip side, a breakout above this level may delay altseason momentum, as capital remains parked in stablecoins.
For now, this zone is the make-or-break area for altcoin sentiment. Keep it on your radar, the next move could set the tone for the coming weeks.
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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.