TOTAL3 – Breakout Target

hi traders


The TOTAL3 chart shows a strong breakout from a falling wedge pattern, followed by a bullish push that has reclaimed key Fibonacci levels. Currently sitting around the $961B mark, the market has cleared the 0.236 and 0.382 retracement levels and is approaching a significant technical milestone.

In the short term, the next major resistance lies at the 0.786 Fibonacci level, which aligns near $1.35 trillion. This is a reasonable first target if the bullish momentum continues and would represent a solid recovery of altcoin market cap from the recent lows.

However, the mid-term projection is even more ambitious. If this rally continues and mirrors previous cycle expansions, we could see TOTAL3 reaching the 1.618 Fibonacci extension level, targeting a $2 trillion market cap. This would indicate a powerful altcoin cycle is underway, with broad market participation beyond Bitcoin and Ethereum.

The technical structure supports this outlook, especially after a long consolidation phase and a breakout above descending resistance. As long as TOTAL3 holds above $850B–$900B, this bullish thesis remains intact.