Total3: Fourth Interaction with 1.07 Level

140
Hi traders and investors!

The altcoin market capitalization (Total3) is interacting with the 1.07T level for the fourth time — and once again, on increased volume. Yesterday’s price action formed a bearish candle after touching this level — a clear seller’s candle.

We’re now watching the 997.47B level closely. A reaction from this level could trigger a reversal in altcoins, with buyers potentially regaining initiative.

Since the last outlook, a new level has appeared at 974.74B — this could also serve as a strong support area and trigger a buyer response, aiming for a retest of the local high at 1.09T.

👉 If no bullish reaction follows at 997.47B, attention shifts to 974.74B.
👉 If that level also fails to hold, we return to the previously mentioned support zone between 921B and 963B — the optimal correction range for a potential new ATH scenario.


This analysis is based on the Initiative Analysis concept (IA).

Wishing you profitable trades!

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.