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Lula's ceiling stays higher than his rival's, and that number decides elections. Government approval climbing back to the magic 35% mark shows the recovery is real and voters are rewarding it. A first-round finish is within reach, and the momentum is clearly pointing one way.
Support for smaller opposition candidates is drying up fast as useful-vote consolidation is accelerating behind Bolsonaro, the only conservative option to defeat Lula. That kind of late surge is exactly how a race gets closed out before it ever needs a second round. The arithmetic is lining up, and the opening is right there.
Nobody should be calling this one yet. It was a useful vote in the first round, and the potential runoff math tilts toward Bolsonaro since most supporters of minor candidates sit to the right, but Lula's Workers' Party has lost only one presidential election since 2002. Three weeks is plenty of time for a surprise or incumbency spending to flip everything.