TOTAL3 price action is shaping up to have two equally valid paths from here. On one end I can see a rejection of the red trendline to jump start a bearish nuke down to the $520 Billion level with a couple bearish retest in the middle. On the other hand price can break above the red trend line and retest indicating possible start of new money inflow into the space. I will be watching closely in the coming days on the reaction near the red trend line, which stems from the charts all time high. A crucial swing is upon the market IMO.
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Price has broke trendline stemming from ATH indicating some bullish strength and therefore will be watching for price continuation aligning with the green path line.