$TURBO Long Liquidation: $51.9K at $0.007433
A $51.9K long position on TURBO was liquidated at $0.007433, signaling a strong pullback as bulls fail to maintain upward momentum.
This liquidation marks a key turning point, suggesting bearish pressure may be building.
Market Insight:
The liquidation at $0.00743 shows that $TURBO couldn’t hold its recent gains, leaving the door open for further declines.
As liquidations increase, traders might see more aggressive price movements.
What’s Next for $TURBO ?
Support Level: Watch $0.00720-$0.00725 closely. If this zone holds, it may act as a base for a potential bounce.
Downside Risk: If the price drops below $0.00720, we could see further weakness, possibly testing $0.00700.
Strategic Tips:
Aggressive traders may consider shorting failed rallies, targeting the support zones.
Cautious traders should wait for confirmation of support before entering long positions.
TURBO could face more volatility—monitor price action carefully for the next opportunity!
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