USDT.D Retesting Previous Support as New Resistance

USDT.D Bullish Divergence and Double Bottom Signal a Trendline Retest

USDT dominance (USDT.D) has formed a bullish divergence on the 4-hour chart, along with a double bottom pattern.

These signals suggest that USDT.D is gearing up to retest the trendline. Meanwhile, Bitcoin and altcoins are likely to undergo a retracement, offering another healthy opportunity to enter long positions.

This setup indicates potential strength in USDT.D, which may lead to a temporary pullback in the broader crypto market before resuming the uptrend.