The TOTAL3 chart is showing some cautionary signs but has not yet broken the key trendline. The price is testing this support level, and a breakout below the trendline will be crucial for determining the next move. Currently, the price is holding above the trendline, but if we see a close below this level, it would signal further weakness in the altcoin market.
Key Levels to Watch:
> The trendline is still intact, but a 4-hour candle close below this could trigger downside pressure.
> The first major support sits around $1.09T. If the price reaches this level and reacts positively, we could see a bounce.
> The next potential support zone is at $1.07T, where more significant buying might come into play.
For now, we remain cautious and need confirmation through price action for any further moves down.
#Altcoins #CryptoTrading
Key Levels to Watch:
> The trendline is still intact, but a 4-hour candle close below this could trigger downside pressure.
> The first major support sits around $1.09T. If the price reaches this level and reacts positively, we could see a bounce.
> The next potential support zone is at $1.07T, where more significant buying might come into play.
For now, we remain cautious and need confirmation through price action for any further moves down.
#Altcoins #CryptoTrading
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Register on Blofin, Toobit and BingX and trade with me: 👇
toobit.com/t/CryptoMojo
partner.blofin.com/d/Cryptomojo
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
toobit.com/t/CryptoMojo
partner.blofin.com/d/Cryptomojo
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.