The total crypto market cap is testing a key support zone around $3.23T. This area has acted as a demand zone in the past, and now price is hovering right above it.
The current structure suggests a possible breakdown–retest–continuation setup. If price retests this zone from below and fails to reclaim it, further downside toward $3.0T could be likely.
This idea is based on price action and structure only — no indicators used.
❗ This is a personal analysis for educational purposes only. Not financial advice.
Feel free to share your thoughts or technical perspective in the comments
The current structure suggests a possible breakdown–retest–continuation setup. If price retests this zone from below and fails to reclaim it, further downside toward $3.0T could be likely.
This idea is based on price action and structure only — no indicators used.
❗ This is a personal analysis for educational purposes only. Not financial advice.
Feel free to share your thoughts or technical perspective in the comments
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.