📊 Current Price: $0.007506 (-9.16%)
📈 24h High: $0.008310
📉 24h Low: $0.007407
📈 24h Volume (TURBO): 2.38B
📈 24h Volume (USDT): $18.75M
Technical Indicators Overview:
1️⃣ Bollinger Bands (20, 2):
Upper Band (Target 🎯 1): $0.007838
A key resistance level to watch for potential breakouts. If price breaks above this, it could signal further bullish momentum.
Middle Band (Target 🎯 2): $0.007596
The middle band acts as support for price action. A bounce from here could signal a trend reversal or consolidation.
Lower Band (Support): $0.007354
Watch this level as a potential support if the price retraces. A drop below this could indicate further downside risk.
2️⃣ MACD:
MACD Line: Currently at -0.008163, showing slight bearish momentum. Watch for a bullish crossover if the MACD line moves above the signal line, which could trigger a reversal to the upside.
3️⃣ RSI:
RSI Value: Currently low, indicating oversold conditions. This suggests that TURBO may be due for a rebound, especially if buying pressure increases.
Price Targets 🎯
📍 Target 1: $0.008310
The 24h High, a critical resistance level to break for further bullish movement. Watch for signs of a breakout.
📍 Target 2: $0.007838
Resistance near the upper Bollinger Band. A breakout above this level could indicate a continuation of the current uptrend.
📍 Target 3: $0.007354
The lower Bollinger Band, marking the support level. A potential buying opportunity if the price holds here.
💡 Trading Strategy:
Bullish Traders: Look for a breakout above $0.007838 to confirm further upside towards $0.008310.
Bearish Traders: Watch for MACD and RSI signals indicating continued downward pressure, with support at $0.007354.
#TURBO #cryptoanalysis #BinanceSquareFamily #COSSocialFiRevolution
