USDT.DOMINANCE UPDATE !
The chart shows that USDT dominance is moving within a well-defined descending channel.
The price has recently moved closer to the upper boundary of the channel, marked by the orange resistance area around 4.60%.
4.60% (orange area): This resistance has rejected price action several times before, which suggests strong selling pressure.
Any failure to break above this level could result in another downward move.
4.00%–3.80% (green area): This is the crucial support area within the channel. A break below this could push dominance further down, potentially towards 3.60% or lower.
The surge in volume during previous rejections at the upper boundary suggests strong bearish momentum.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
The price has recently moved closer to the upper boundary of the channel, marked by the orange resistance area around 4.60%.
4.60% (orange area): This resistance has rejected price action several times before, which suggests strong selling pressure.
Any failure to break above this level could result in another downward move.
4.00%–3.80% (green area): This is the crucial support area within the channel. A break below this could push dominance further down, potentially towards 3.60% or lower.
The surge in volume during previous rejections at the upper boundary suggests strong bearish momentum.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。