The chart shows USDT dominance in a downward channel.
The recent price movement tested the upper trendline and faced rejection, indicating the downtrend remains intact.
Moving Average:

The 50-period EMA (red line) acts as resistance, reinforcing bearish pressure.

Resistance: 4.10% (channel top and 50 EMA).
Support: 3.85% (channel bottom).
Rejection at the upper trendline points to a likely continuation toward 3.85%.
A breakout above 4.10% and the channel could signal a potential reversal, with an upside toward 4.30%.

Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.

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@Peter_CSAdmin
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