USDT.D moved down aggressively breaking through the support at 2.66%. It also broke below the major support and is trying to hold below that level. Bearish structure in still respected on both LTF and HTF but it needs to break below the previous low at 2.52% in order to continue with the bearish movements.
Price broke out the resistance at around $4,620 and created a new ATH as expected. MACD is still showing bullish momentum, RSI is slightly overbought and price is back above EMA ribbon. We could see a small retracement to the $4,620 and probably $4,550 before pushing up again, and if broken we would be waiting to see price's reaction on the 2h demand.
