$USDT Bearish Divergence Suggests Potential Price Breakdown

A hidden bearish divergence in $USDT has been identified by analysts at KuCoin. This indicator, which measures price movements relative to swing highs and lows, suggests that a key level of support may be broken.

The RSI (Relative Strength Index) shows an upward slope for the indicator's swing high, while the price itself slopes downwards. According to KuCoin, this is a 90% accurate signal for a potential breakdown in the $USDT price.

The predicted low that will be broken is 8.176%, with the high of 8.50% remaining untested. This suggests that the current upward momentum may stall before reaching its target.