TURBOUSDT has made a significant move following a breakout from a cup and handle formation. This classic bullish pattern indicates strong potential for upward momentum. The price is currently approaching the final target of this setup, which corresponds to the height of the cup.
We anticipate that this level will serve as a strong supply zone, where a price correction is likely to occur. We should be prepared for this potential correction and look to the handle level, as shown on the chart, for immediate support.
This handle level is expected to act as a key area for immediate buy back zone, potentially providing a favorable entry point for those looking to capitalize on the next phase of the trend. Careful monitoring of price action around these critical levels will be essential for effective trading decisions.
