TOTAL Marketcap / Crypto Total Market Cap
TOTAL daily analysis 24/03/2026. The TOTAL index is attempting to stabilize after reclaiming a key breakout level, but our broader bias remains bearish until the reclaim proves durable and structure starts shifting higher.
- The index shows that, after the reclaim of the neckline, the neckline was retested. Price closed above it and confirmed it as support, for now.
- If it could hold the neckline as support, it would confirm that the bulls are back in play again and we could see more upwards momentum towards the daily highs
Market Structure Analysis
From a market structure perspective, the “neckline” acts as the most important horizontal support resistance pivot in this TOTAL daily analysis. The reclaim followed by a retest is the textbook sequence we want to see when a level flips from resistance into support: price pushed back into the zone, found bids, and still managed to close above it.
Structurally, that keeps the current move constructive in the short term, but it does not automatically invalidate the bearish trend. We still need to see continuation (follow-through expansion away from the neckline) and evidence of higher highs/higher lows developing before treating this as more than a corrective bounce. If price fails to hold above the neckline, the retest becomes a rejection, and the market risks rotating back into the prior range or resuming the broader downside pressure.
Key Levels and Scenarios
For this TOTAL daily analysis, the main decision point is whether the neckline continues to hold as support. A sustained hold keeps bullish continuation toward the daily highs on the table. A breakdown back below the neckline would shift the bias back to bearish continuation and invalidate the immediate support flip thesis.
- Neckline level: primary support to hold to maintain the reclaim narrative
- Neckline retest zone: acceptance above supports continuation; rejection increases breakdown risk
- Daily highs: nearest upside objective and likely resistance area if momentum returns
- Below-neckline acceptance: bearish trigger signaling the reclaim failed
This analysis is for informational purposes only and does not constitute financial advice.