1. Chart Patterns Supporting the Bullish Outlook
Recent analyses shared on TradingView and X highlight several bullish chart patterns in TOTAL3’s price action:Triple Bottom Pattern: A post on X from February 15, 2025, noted that TOTAL3 formed a triple bottom pattern, a highly bullish reversal pattern. This pattern occurs when the price tests a support level three times without breaking below, signaling strong buying interest and a potential trend reversal from bearish to bullish. The triple bottom suggests that altcoins have found a solid foundation, with a “V-reversal” potentially leading to sustained upward momentum in the coming weeks.
Ascending Channel: On May 8, 2025, a daily chart analysis on X showed TOTAL3 holding within an ascending channel, a bullish continuation pattern characterized by higher highs and higher lows. The price successfully backtested a key support level, and a bullish engulfing candle formed, indicating strong buying pressure. This pattern reinforces the bullish market structure, with harmonic price paths suggesting further upside.Falling Wedge Breakout: A post from April 1, 2025, identified a falling wedge pattern in TOTAL3, another bullish reversal pattern. The breakout from this pattern, combined with comparisons to similar setups in late summer 2024, suggests that altcoins are in a bottoming process, with potential for significant gains.These patterns collectively indicate that TOTAL3 is in a strong bullish phase, with multiple confirmations of support and reversal signals.
2. Key Support and Resistance LevelsSupport Zones:
Recent analyses point to a critical support zone around $790 billion, which previously acted as resistance in March–April 2024. TOTAL3 is currently holding above this level, reinforcing its role as a strong foundation for further gains. Another demand zone near $820 billion has been identified as a potential buying area during pullbacks.Resistance Zones: The next major resistance lies around $1.16 trillion, the peak reached in December 2025. Breaking this level could propel TOTAL3 toward $1.6 trillion, a target projected by some analysts based on the current cycle’s channel-up pattern.Pullback Areas: Posts on X from May 11, 2025, suggest a potential pullback into the daily timeframe range (around $790–820 billion) before the bullish trend resumes. This pullback could offer a strategic entry point for long positions.