Coin Name : $TURBO
Trade Type : Long .
On the daily chart, Turbo is forming a symmetrical triangle pattern, a structure that often signals a potential bullish breakout. If the price manages to break above the trend line, this could trigger a significant upward movement. 🚀
The price is currently trading above the 50-day moving average (MA), reinforcing the bullish sentiment for the long term. This is a strong indicator of upward momentum, though we should monitor price action carefully as it approaches key levels
Key Point :
The price appears to be stretched from the exponential moving average (EMA), suggesting that a pullback or consolidation might occur before the next leg up. This rebalancing could provide a stronger base for a substantial price movement.
3 Month liquidation
The liquidation heat map for the past 3 months shows a significant concentration of liquidity in the upper regions, which could act as a magnet for price movement.
Here is Short Term Trade Setup ,💥
Entry : 0.011147 (JOIN MY LIVE STREAM FOR FREE SIGNAL )
1st TP : 0.011579
2nd TP : 0.011723
3rd TP : 0.012155
Important 👇
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