USDT Dominance chart is approaching a critical phase, currently trading within a strong resistance zone while showing RSI bearish divergence.This suggests potential weakness ahead, which could lead to a drop in USDT dominance. If that happens, it typically correlates with a bullish phase for altcoins, as traders rotate capital from stablecoins into riskier assets.
A breakdown below the rising support line could confirm a reversal, leading to further downside in USDT dominance. This scenario would likely trigger increased buying pressure in the altcoin market.
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