TOTAL Marketcap / Crypto Total Market Cap
TOTAL daily analysis for 11 February 2026 highlights a clear bearish continuation structure after the recent sharp sell-off and failed rebound from broken weekly support. This TOTAL timeframe analysis focuses on how the rejection near the 0.618 Fibonacci retracement keeps downside risk in play despite short-term bounce potential.
- Bearish continuation
- ABC correction could still play out expecting some bullish relief
- but as we saw rejection at the weekly support zone (that was broken and flipped to resistance) @ the fib 0.618 level, this could simply be a bearish W playing out for further bearish continuation.
Market Structure Analysis
Our technical analysis shows TOTAL in a dominant downside leg after a strong impulsive move to the recent daily low around the 2.0–2.1T area. Price has since pulled back in a corrective fashion, forming what looks like an ABC structure into the prior weekly support band, which now acts as resistance. The rejection exactly where the weekly zone overlaps the 0.618 Fibonacci retracement confirms that this support resistance flip is respected by the market, reinforcing the broader bearish continuation narrative. A developing “bearish W” structure suggests that any current consolidation below that zone is distribution rather than accumulation.
Key Levels and Scenarios
Bullish scenario:
For bulls, the key is to reclaim the broken weekly zone and close decisively back above the 0.618 Fibonacci area; only then would this TOTAL daily analysis start to invalidate the immediate continuation risk and open room back toward prior daily highs.
Critical levels to watch:
- Weekly resistance / 0.618 Fib cluster – pivotal rejection zone; reclaim turns structure neutral
- Mid-range consolidation area – where ABC correction is forming; loss signals renewed momentum lowe
- Recent daily low region – break below confirms extension of the bearish W and fresh downside leg
- Prior higher-timeframe liquidity highs – only reclaimed if a larger reversal, not yet in play
This analysis is for informational purposes only and does not constitute financial advice.