Altcoin Breakout or Breakdown? Key Levels Ahead🤔📉📈 Altcoin Breakout or Breakdown? Key Levels Ahead 🚨🧠
Hey Traders! Let’s talk about what’s really going on in the altcoin scene 👀
We’re still in a heavy Bitcoin-dominated market (BTC.D at 64%), but TOTAL3—the market cap for altcoins excluding BTC and ETH—is setting up for something big.
📊 We’re currently trading in a tight range between $740B support and $779B resistance—both key Fibonacci levels. Sound familiar? That’s because we were in the exact same range back on Nov 24, right before a major move! 🌀
➡️ A confirmed breakout above $780B could send TOTAL3 surging toward the next major resistance at $929B.
⬅️ But if $740B breaks, we’re eyeing a move down to $641B, where crucial trendline support comes into play.
Zooming out, altcoins are still licking their wounds from the trillion-dollar highs. The space has been wild: Trump tokens, meme coin madness, the OM token collapse—volatility is the name of the game. But are you still bullish on real, utility-driven projects?
💬 Let’s discuss:
Are you riding this altcoin wave, or sitting on the sidelines until the storm passes?
Do you have faith in 'Crypto' and can the good projects make history, or will the market suffer indefinitely from Presidents launching meme tokens, Fartcoins and Pumpfuns dominating a space with no ethics or loyalty?
🔗 Check the chart and share your thoughts below.
One Love,
The FXPROFESSOR 💙
