USDT Dominance
Around 40 days ago, the POOL724 Analysis Team outlined a bullish scenario for USDT Dominance, expecting it to find support within the 7.00%–7.13% zone and initiate a new upward leg toward the 9% resistance area. More than a month later, this scenario has played out with notable accuracy, as USDT Dominance successfully defended its key support level and advanced into the projected resistance region.
At the moment, USDT Dominance is trading within a major supply zone between 9.05% and 9.48%. From a price action perspective, this area may act as a temporary ceiling for the current trend and increase the likelihood of selling pressure. The initial reaction from this zone suggests that bullish momentum is beginning to slow compared to previous weeks.
Based on the current market structure, our primary scenario is a corrective move from the current levels toward the 7.70%–7.85% support region. This area not only represents an important structural support but also aligns with the recent breakout zone, making it a potential demand area for the next phase of price action.
Since a decline in USDT Dominance typically reflects capital rotation from stablecoins into Bitcoin and altcoins, such a correction could provide room for a short-term recovery across the cryptocurrency market.
At POOL724, our goal is not to predict the market with certainty, but to identify high-probability scenarios and manage risk based on actual price behavior.
**First Look, Then Hook**
**POOL724 Analysis Team**
At the moment, USDT Dominance is trading within a major supply zone between 9.05% and 9.48%. From a price action perspective, this area may act as a temporary ceiling for the current trend and increase the likelihood of selling pressure. The initial reaction from this zone suggests that bullish momentum is beginning to slow compared to previous weeks.
Based on the current market structure, our primary scenario is a corrective move from the current levels toward the 7.70%–7.85% support region. This area not only represents an important structural support but also aligns with the recent breakout zone, making it a potential demand area for the next phase of price action.
Since a decline in USDT Dominance typically reflects capital rotation from stablecoins into Bitcoin and altcoins, such a correction could provide room for a short-term recovery across the cryptocurrency market.
At POOL724, our goal is not to predict the market with certainty, but to identify high-probability scenarios and manage risk based on actual price behavior.
**First Look, Then Hook**
**POOL724 Analysis Team**