USDT dominance on verge of breaking down!!

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Let's analyze USDT dominance :
USDT dominance (USDT.D) recently failed to break below its support level of 3.83%. This failure led to a surge in USDT.D, pushing it up to the 4.28% level. However, it encountered resistance at 4.28% and was subsequently rejected, returning to the 3.83% support level.

A sustained break below this 3.83% support level, confirmed by a daily close below it, could potentially trigger a significant upward movement for Bitcoin (BTC), possibly leading to a price target of $120,000.

Support Levels:
3.82%

Resistance Level:
4.28%

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Penafian

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