📊 TOTAL3 (Mkt Cap Ex-$BTC & $ETH ) – Technical Overview
March 1D
Macro support ~0.78-0.80 T USD (node of highest VPVR).
Key resistance ~0.92-0.95 T USD → range ceiling + recent POC.
Current structure = soft descending highs and lows since the peak in April (short-term bearish bias).
EMA20/50 turning downwards and acting as dynamic ceiling.
MACD 1D crosses below 0 → selling momentum maintains pressure.
RSI 1D neutral-bearish (~46) still with room for overselling.
Decreasing volume on pullbacks → sales without massive capitulation.
Scenario
🔻 Clean loss of 0.80 T ⇒ clear path to 0.70-0.72 T (volume void).
🔼 Recover 0.88 T + close > EMA50 ⇒ opens door to 0.95-1 T and re-test of the annual high.
Action plan
Alts: maintain caution; flow will rotate to BTC/ETH while TOTAL3 remains below 0.88 T.
Intraday: possible technical bounces at 0.80 T, but quick TP near EMA20.
Bearish invalidation: daily close > 0.95 T with volume.
