#USDT DOMINANCE ANALYSIS
USDT Dominance has broken down from the symmetrical triangle pattern with strong volume, signaling increasing bearish pressure.
The Ichimoku cloud is acting as a key resistance barrier, while price has broken down below the horizontal demand zone, which is now acting as a supply zone.
This breakdown signals increasing bearish pressure and could lead to further correction.
Keep a close eye on the upcoming price action for confirmation.
It’s important to note that USDT Dominance often exhibits an inverse correlation with the broader cryptocurrency market.
August 29, 2026 162 5
