💰 $TURBO Analysis & Outlook
Let’s analyze the latest chart of #TURBO and outline its potential movement in the coming days!
🔍 Key Observations:
Moving Averages:
MA25 (Pink Line): Acting as immediate resistance at 0.01008.
MA99 (Purple Line): Key support around 0.00855, providing short-term stability.
Support and Resistance Levels:
Resistance 1: 0.01045 – A critical zone to break for a bullish move.
Resistance 2: 0.01355 – A stronger resistance, marking a potential breakout zone.
Support 1: 0.00848 – Immediate horizontal support.
Support 2: 0.00719 – A major support zone below current levels.
📊 Market Overview:
Current Price: 0.009757
24-Hour High: 0.010849
24-Hour Low: 0.009732
24-Hour Volume:
TURBO: 2.17B
USDT: 22.22M
🎯 STRATEGY :
For Longs:
Look for a breakout above 0.01008 (MA25) with confirmation to aim for 0.01045 and 0.01355.
Strong bullish momentum is expected above 0.01355, with the potential for higher levels.
For Shorts:
If the price breaks below 0.00848, consider shorting toward 0.00719 support.
Stops should be placed slightly above MA25 to manage risk effectively.
🔥 Support & Resistance Summary:
Supports:
0.00848 (Immediate Support)
0.00719 (Major Support)
Resistances:
0.01008 (MA25 - Key Resistance)
0.01045 (Critical Resistance)
0.01355 (Strong Resistance)
💬 Outlook:
#TURBO is currently trading below MA25, facing resistance at 0.01008. Breaking this level could initiate bullish momentum toward 0.01355. However, failure to hold above 0.00855 (MA99) might lead to bearish movement, testing support at 0.00719.
Keep an eye on these levels and trade wisely! 🚀