#total3
🔍 Technical Analysis:
1. Market Structure:
TOTAL3 is currently experiencing a slight pullback after a rise from a strong support area around ~700–730B.
Current price: 797.69B, sitting between the support and resistance zones.
2. Support & Resistance Zones:
Important support: 767.95B (labeled, is the area where price may react)
The dark green area from 720B–760B represents a strong support zone (has bounced back multiple times before).
- Resistance:
-> 841.23B – first resistance zone.
-> 925.41B – next resistance zone.
Above that is a super strong resistance area from 1.04T–1.12T.
3. Expected Price Scenarios (according to the drawing):
- Scenario 1 (priority): Price slightly adjusts to the area of 767.95B, then recovers to 841B, if it breaks through, then targets 925B.
- Scenario 2 (less prioritized): If the price cannot hold above 767B, it may return to a deeper support zone around 720B–740B before recovering.
📈 Overall Trend:
- Mid-term trend: Transitioning from down to up (creating higher lows).
- If it stays above 767B, TOTAL3 could continue to create an upward trend with a short-term target of 841B, mid-term target of 925B+.
📌 Forecast & Strategy:
-> If you are a holder: Consider holding or buying more when the price tests the 767–770B area with confirmation signals.
-> If you are a trader: Watch for reactions at the 767B support area to buy in for the short term, with take profit around 840B and 925B.