🧠 Technical Analysis of #TOTAL3 (Altcoin Market Cap excluding BTC/ETH)

📍 Timeframe: Daily (1D)

📊 Market Structure:

Structure change (ChoCh) confirmed in mid-April, where the bearish sequence of lower highs and lower lows was broken.

Solid bullish Break of Structure (BoS) at the 845B USD level, confirming the trend reversal.

Since then, the price made a healthy pullback (mitigating imbalance) and regained momentum with strong candles and increasing volume.

🔍 Imbalances and Key Zones:

A partially filled area of imbalance marked between 810B and 840B, which adds strength to the structure.

There remains an unmitigated liquidity gap at 780B, but filling it is not mandatory if momentum remains strong.

🧱 Support and Resistance:

Key technical support: 845B (previously broken resistance, now validated as support).

Strong resistance: at 960B USD, where previous consolidation (March) and distribution (January) zones converge.

Technical target: if it surpasses 900B with strength, there is a projection towards 1.03T – 1.05T, the zone where macro-distribution begins.

📈 Volume and Momentum:

Increasing volume in the last week, confirming the validity of the bullish breakout.

No bearish divergences are observed in the short term.

The daily RSI is approaching overbought territory, but there are no signs of exhaustion (it is supported in the mid zone >50).

🧭 Technical Conclusion:

The total altcoin market is in a full expansion phase, with a clear bullish structure and validated technical support. The current momentum is positive, and unless there is a strong external impactful event (macro or BTC dump), the most likely scenario is continuation towards 960B and possibly 1T USD.

We have not yet entered total altseason (index at 39/100), therefore, the upside is broad and it is still early for large exits. #DYOR and it is always good to take profits, pullback and we enter. We cannot, we look for another, but profits always, like an ant step by step.