$TURBO Long Liquidation Alert

A hefty $53,000 long position has just been liquidated at $0.006735, signaling a significant blow to bullish traders. This liquidation could set the stage for heightened volatility in the short term.

What Does This Mean?

The liquidation suggests bulls underestimated the selling pressure, leading to forced closures of leveraged positions. Such events often accelerate price drops but can also create opportunities for a potential rebound.

What’s Next for $TURBO ?

Bearish Scenario: If selling pressure continues, the next key support lies at $0.0065, where buyers might step in. A breach below this could extend the decline further.

Bullish Comeback: A recovery above $0.0070 could indicate renewed buying interest, potentially pushing the price toward $0.0073 resistance.

Suggested Plan:

For Risk Takers: Consider entering near $0.0065 if the price stabilizes, but use strict stop-loss levels to avoid deeper losses.

For Careful Investors: Wait for a confirmed breakout above $0.0070 before taking positions to reduce downside risk.

Stay alert—$TURBO is on shaky ground, and the next move could define its short-term trend!

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