Фотография
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💵USDT.D | Rising Wedge Formation in Higher Timeframe (HTF)
USDT.D is currently trading around 8.41% and continues to move within a rising wedge formation. It is also approaching the key resistance zone between 8.8% and 9.1%.
From a technical perspective, this structure is becoming increasingly open to a downward breakout.
🔑 Level to Watch: 8%
The most important level here is the 8% region.
If a strong close below 8% occurs in the HTF, this could be considered a confirmation of weakness and could pave the way for a drop in USDT.D first to 6.24%, then to 5%.
A drop in USDT.D could support a renewed increase in risk appetite in the crypto market. This is because there is generally an inverse relationship between USDT dominance and BTC and other crypto assets.
⚠️ Where Does the Bearish Scenario Become Invalid?
However, a close above 9.36% of any HTF candle would invalidate the bearish scenario, as it would indicate an upward breakout of the current resistance structure.
Key Levels
🔴 Invalidation level: 9.36%
🟡 Resistance: 8.8%–9.1%
🟡 Breakout level: 8%
🟢 Targets: 6.24% → 5%
This is technical analysis only. It is not investment advice (NFA).