The Fibonacci levels and breakout from the downtrend suggest potential capital inflow into the altcoin market.
- Price has broken the resistance around 1.38T.
- Next key levels: 1.46T (50% Fibo) and 1.55T (78.6% Fibo)
- Long-term target: 1.84T (161.8% Fibo)
Signals:
Breakout from the downtrend.
Increasing volume.
Moving averages support the bullish trend.
Base scenario: continuation of the uptrend while holding the 1.38T support. If the price falls below this level, the setup may need reassessment.
What’s your opinion on this setup? Share your thoughts below!
Altcoin Market Cap Breakout!
TOTAL2 just broke key resistance levels – altcoins might be attracting fresh capital.
Key Levels:
1️⃣ Support: 1.38T
2️⃣ Targets: 1.46T and 1.55T
3️⃣ Long-term goal: 1.84T
Volume spike + breakout = potential trend reversal. Watch for local corrections and manage your risk!
What’s your outlook on the altcoin market? Let me know in the comments!
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