$USDT Dominance: Rektober or a BEAR TRAP? USDT.D is trading around 6.88%, recovering from its recent lows and approaching a key resistance zone. Here's what I'm watching: 6.88%–6.95%: Immediate resistance. A rejection here could trigger another move lower in USDT.D, potentially benefiting BTC and altcoins. 7.17%: Key resistance. A breakout and sustained move above this level could signal further downside for the crypto market. 6.75%–6.65%: Immediate support. Losing this zone would strengthen the bearish outlook for USDT.D and be extremely bullish for BTC and Alts. 5.95%–5.75%: Potential downside target if bearish momentum accelerates. RSI is recovering, so a short-term bounce in USDT.D remains possible. However, the price is approaching a crucial resistance confluence. My view: I want to see USDT.D reject resistance and resume its downtrend. That would be a positive signal for crypto, particularly altcoins. Not to forget, BTC is still holding the $80k zone. DYOR. NFA. #CryptoNews
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