Total3: Fourth Interaction with 1.07 Level

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Total3: Fourth Interaction with 1.07 LevelCrypto Total Market Cap Excluding BTC and ETH, $CRYPTOCAP:TOTAL3AlexeyWolfHi traders and investors! The altcoin market capitalization (Total3) is interacting with the 1.07T level for the fourth time — and once again, on increased volume. Yesterday’s price action formed a bearish candle after touching this level — a clear seller’s candle. We’re now watching the 997.47B level closely. A reaction from this level could trigger a reversal in altcoins, with buyers potentially regaining initiative. Since the last outlook, a new level has appeared at 974.74B — this could also serve as a strong support area and trigger a buyer response, aiming for a retest of the local high at 1.09T. 👉 If no bullish reaction follows at 997.47B, attention shifts to 974.74B. 👉 If that level also fails to hold, we return to the previously mentioned support zone between 921B and 963B — the optimal correction range for a potential new ATH scenario. This analysis is based on the Initiative Analysis concept (IA). Wishing you profitable trades!