USDT DOMININCE 12 HOUR UPDATE

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Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.

I have tried my best to bring the best possible outcome in this chart.

USDT DOMINANCE is lying in this important support level of this ascending channel.

First scenario: USDT DOMINANCE is already on this important support level if we Bounce from here then resistance is around 5.09% or we have some local resistance at is 4.27% level. let's see how the daily candle closes.

Second scenario: if the Daily candle closes downside this important support level then we can accept a fast drop up to 3.3 %. both sides are dependent on this daily candle.

What's your thought on this?
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As per my BTC chart if it will go with the first scenario and if ETH break and closes downside this important level of resistance then we can expect a bounce dump up to 3.80%.
So let's wait and see how the candle closes.

Stay tuned