Crypto Total Market Cap (TOTAL) – Retest or Reversal?
I’ve been watching TOTAL closely, and we’re currently sitting right inside a pullback zone between $2.9T and $3.12T — a critical psychological area to monitor.
✅ On the 2-month chart, structure still holds strong. Price action remains bullish overall, with higher lows continuing to form. This zone looks like a healthy pullback rather than a breakdown.
⚠️ However, when we scale up to the 12-month chart, momentum appears to be slowing down. This doesn’t mean we’re bearish just yet, but it does mean we need to be cautious and patient. With 6 months left before the yearly candle closes, that close will be crucial in determining if TOTAL is ready to break new highs above $3.73T (previous high) or consolidate further.
📌 Key Levels to Watch:
Support zone: $2.90T to $3.12T
Resistance/Retest target: $3.73T
Psychological floor: $2.65T
Until we close above that previous high, we remain in a waiting zone. If this structure holds, the next leg could be explosive — but patience and precision are key. 🧠📈
✅ On the 2-month chart, structure still holds strong. Price action remains bullish overall, with higher lows continuing to form. This zone looks like a healthy pullback rather than a breakdown.
⚠️ However, when we scale up to the 12-month chart, momentum appears to be slowing down. This doesn’t mean we’re bearish just yet, but it does mean we need to be cautious and patient. With 6 months left before the yearly candle closes, that close will be crucial in determining if TOTAL is ready to break new highs above $3.73T (previous high) or consolidate further.
📌 Key Levels to Watch:
Support zone: $2.90T to $3.12T
Resistance/Retest target: $3.73T
Psychological floor: $2.65T
Until we close above that previous high, we remain in a waiting zone. If this structure holds, the next leg could be explosive — but patience and precision are key. 🧠📈
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.