Bullish Structure with Potential Reversal Confirmation
The TOTAL market cap chart remains bullish on the daily timeframe, signalling continued strength in the market. While the internal structure is in a counter-phase, we are awaiting a potential reversal confirmation. This confirmation would occur if we see a daily close above the 2.441T level, marking a critical break in the current structure.
Moreover, sell-side liquidity has already been swept, clearing the path for further upward movement. The next market objective is to target and sweep the buy-side trend liquidity, which aligns with our bullish outlook.
Keep an eye on the 2.441T level as a key resistance. A break above will likely trigger stronger bullish momentum, and failing to breach could suggest temporary consolidation before the next move.
Moreover, sell-side liquidity has already been swept, clearing the path for further upward movement. The next market objective is to target and sweep the buy-side trend liquidity, which aligns with our bullish outlook.
Keep an eye on the 2.441T level as a key resistance. A break above will likely trigger stronger bullish momentum, and failing to breach could suggest temporary consolidation before the next move.
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