USDT Dominance – 12H Chart Analysis
After a clean downtrend and multiple breakdowns, USDT.D recently attempted to break below a major support zone — but it turned out to be a false breakdown.
This move likely trapped altcoin buyers, who expected USDT.D to keep falling (which usually signals strength in altcoins). Instead, dominance quickly bounced back, showing money flowing back into stablecoins.
If USDT.D continues to rise from here, we could see pressure on altcoins in the short term.
Watch this level closely — the next move will be critical.
After a clean downtrend and multiple breakdowns, USDT.D recently attempted to break below a major support zone — but it turned out to be a false breakdown.
This move likely trapped altcoin buyers, who expected USDT.D to keep falling (which usually signals strength in altcoins). Instead, dominance quickly bounced back, showing money flowing back into stablecoins.
If USDT.D continues to rise from here, we could see pressure on altcoins in the short term.
Watch this level closely — the next move will be critical.
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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.