USDT dominance (USDT.D) : WEAKENING

Technical analysis appears to indicate a bearish outlook:

Rising Channel Pattern:
The dominance is trading within a rising channel indicative of a potential breakdown if the price loses support at the lower trend-line.

200 Moving Average:
The dominance has been consistently trading below MA, acting as resistance. The trend remains bearish as long as it stays under this zone.

Expected Breakdown:
The projection is USDT.D possibly moving up to test resistance and then sharply declining to break below the lower trend-line. This suggests a decrease in USDT dominance, which typically corresponds to bullish momentum in crypto markets nearing Trump's inauguration.

Support Zones:
Watching for a clear break below the lower trendline, as it could confirm the bearish scenario.