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
