Technical Analysis and Trade Signal for $TURBO
/USDT
Current Price: $0.008244
Price Action: The TURBO/USDT pair is currently showing a positive momentum, up 2.11% in the last 24 hours. The price has recently bounced from the 24h low of $0.007003 and is testing higher levels.
Key Indicators:
24h High: $0.008595 (Resistance Level)
24h Low: $0.007003 (Support Level)
Current Support: $0.008091
Current Resistance: $0.008595
Momentum: The current trend is bullish, as the price is moving upward and showing a solid volume increase.
Trade Signal:
Trend: Bullish
Action: Buy Signal above $0.008244 (current price level)
Target Levels 🎯:
1. Target 1: $0.0086 — Near 24h high and key resistance area.
2. Target 2: $0.0090 — Next resistance level with higher momentum.
3. Target 3: $0.0095 — A possible extended target with bullish continuation.
Trade Momentum:
Positive: A bullish sentiment is driving the price, supported by the recent low rebound and the higher trading volume.
Stop-Loss (Risk Management): Place below the $0.0070 support, ideally at $0.007003 to manage risk if the price turns bearish.
Summary: The short-term trend for TURBO/USDT looks bullish. Traders could consider entering positions above $0.008244, with targets set at $0.0086, $0.0090, and $0.0095. Always use proper risk management strategies.