Updated

USDT Dominance Update (4H)

First of all, as you know, the market has been going through complex corrections lately, and the scenarios are not very clear. So make sure to trade with proper risk management and a defined stop-loss.

It seems this index is preparing for a drop. It has tapped into the origin order block, and from here, it has the potential to move downward.

The good thing about this setup is that the invalidation level is close. If a 4-hour candle closes above this level, the analysis will be invalidated.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Considering the news from an hour ago and a fake dump on this index followed by a quick price rebound, there's a possibility that the supply zone could be broken and a bullish wave may form on this index.

The fake dump likely served to fill opposite positions and cancel aligned ones, suggesting that the market maker may be aiming to initiate a bullish move here.

⚠️ Stay cautious.

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