TOTAL3 has been moving within a rising channel since October 2023. Recently, it bounced off the channel's support line—just like it did in previous years (Resulted in mini altseason)—and is now showing similar bullish behavior. It looks like we're in the middle of a mini altseason.
After successfully clearing and retesting the $936B level, the next major resistance to watch is around $1.13T. If the market can break through this zone, we could see a strong altcoin rally, potentially pushing TOTAL3 up toward the resistance area near $1.6T.
Momentum looks solid—weekly Stochastic RSI has made a bullish crossover, and both weekly and monthly trends are pointing up. However, there's one red flag: bearish divergence between price and RSI is forming. The weekly RSI level at 72.5 is a critical zone. If we can push past 81 and 89, that divergence could be invalidated, signaling strong continuation.
For now, let’s keep it simple and watch how TOTAL3 reacts to $1.13T. That level will be key in deciding if the altcoin market has more room to run.
After successfully clearing and retesting the $936B level, the next major resistance to watch is around $1.13T. If the market can break through this zone, we could see a strong altcoin rally, potentially pushing TOTAL3 up toward the resistance area near $1.6T.
Momentum looks solid—weekly Stochastic RSI has made a bullish crossover, and both weekly and monthly trends are pointing up. However, there's one red flag: bearish divergence between price and RSI is forming. The weekly RSI level at 72.5 is a critical zone. If we can push past 81 and 89, that divergence could be invalidated, signaling strong continuation.
For now, let’s keep it simple and watch how TOTAL3 reacts to $1.13T. That level will be key in deciding if the altcoin market has more room to run.
Note
As mentioned, Total 3 looks bullish. It blasts through 936B resistance. Next target to pay attention is 1.13T. Eventaully 1.6T is very big resistance. Lets wait and see how it reacts to the resistance. RSI 72.5 ish area is hard resistance. Lets see for confluences to make informed decision. 
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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.