Major drop about to begin for USDT Dominance
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USDT.D is forming a prominent bearish pattern, the Inverted Cup and Handle, which has been confirmed and is now awaiting a decisive price movement through the neckline of the cup.
Current expectations suggest an initial rejection upon the first test of the neckline, followed by a retracement to the highlighted area on the chart before a major breakout occurs.
This bearish continuation scenario further reinforces the ongoing bullish momentum in the broader market.
Current expectations suggest an initial rejection upon the first test of the neckline, followed by a retracement to the highlighted area on the chart before a major breakout occurs.
This bearish continuation scenario further reinforces the ongoing bullish momentum in the broader market.
Transaction en cours
We are currently observing a bearish flag formation, with the target for this setup expected to break below the critical neckline support level.
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