The USDT Dominance (USDT.D) remains in its broader downtrend and is currently testing the key 4.19% support. A confirmed breakdown of this level would validate further downside in dominance and provide a strong bullish catalyst for the crypto market, as capital flows out of stablecoins into risk assets.
The next major support sits at 3.79%, but it’s more strategic to position earlier, with confirmation around 4.19%, since a direct entry at 3.79% may be too aggressive and harder to execute given the likelihood of a sharp bullish breakout across the market once that level is lost.
From a momentum perspective, the RSI has an ascending trendline that aligns with the 4.19% level. A simultaneous breakdown of both RSI trendline support and the 4.19% dominance level would serve as strong confirmation of bearish continuation in USDT.D, favoring a broad crypto rally.
📌 Key Levels to Watch
Support: 4.19% (primary), 3.79% (major)
Bearish confirmation: RSI trendline break + close below 4.19%
Maintain focus on long setups in crypto assets if dominance breaks 4.19%, with expectations of stronger market-wide bullish momentum on a confirmed move towards 3.79%
The next major support sits at 3.79%, but it’s more strategic to position earlier, with confirmation around 4.19%, since a direct entry at 3.79% may be too aggressive and harder to execute given the likelihood of a sharp bullish breakout across the market once that level is lost.
From a momentum perspective, the RSI has an ascending trendline that aligns with the 4.19% level. A simultaneous breakdown of both RSI trendline support and the 4.19% dominance level would serve as strong confirmation of bearish continuation in USDT.D, favoring a broad crypto rally.
📌 Key Levels to Watch
Support: 4.19% (primary), 3.79% (major)
Bearish confirmation: RSI trendline break + close below 4.19%
Maintain focus on long setups in crypto assets if dominance breaks 4.19%, with expectations of stronger market-wide bullish momentum on a confirmed move towards 3.79%
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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.