USDT Dominance Chart Analysis

USDT dominance broke out of a long-term descending channel.
However, it is showing signs of rejection at nearly 4.60% and could head back towards support.

21-day MA (black line): Previously acted as resistance, but now provides some support.
100-day MA (purple line): Was breached, but is now being retested as support.

A red candle after the recent breakout suggests a possible failed breakout scenario.
The green arrow indicates a potential decline towards 4.20% or even lower.

Support: 4.20% (previous resistance, now potential support).
Low Support: 4.00%
Resistance: 4.60%

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