VIP MARKET UPDATE: $USDT DOMINANCE
USDT dominance is consolidating in a rectangular channel and reing above mid support trendline.
A successful re will confirm its move towards horizontal resistance and then there we have to observe its reaction and whether from there it will break out or reject.
Another possible scenario is a fail re from here and which would confirm it's a move toward horizontal support, there we will monitor its further price action and we must have to keep in mind that USDT dominance works inversely proportional to the crypto market.
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