technical analysis and trade signal for $TURBO /USDT with three target levels and trade momentum:
Technical Analysis:
Current Price: 0.008991 USDT
24h High: 0.009488 USDT
24h Low: 0.008946 USDT
Resistance Levels:
First Resistance: 0.0094 (near 24h high)
Second Resistance: 0.0097 (previous resistance zone)
Third Resistance: 0.01 (psychological resistance and key Fibonacci level)
Support Levels:
First Support: 0.00895 (near the 24h low)
Second Support: 0.0086 (key Fibonacci retracement level)
Third Support: 0.0083 (strong support zone)
Trade Signal:
Buy Signal: If the price breaks and closes above 0.0091, targeting 0.0094 initially, followed by 0.0097 and 0.01.
Sell Signal: If the price falls below 0.00895, target lower support at 0.0086 and possibly 0.0083.
Target Levels:
1. Target 1: 0.0094 USDT – Immediate resistance level.
2. Target 2: 0.0097 USDT – Stronger resistance level.
3. Target 3: 0.01 USDT – Key psychological resistance.
Trade Momentum:
Bullish Momentum: The price is currently showing a slight decline of 3.72%, but it could shift bullish if it holds above 0.00895 and breaks above 0.0091.
Bearish Momentum: If the price breaks below 0.00895, the momentum may shift bearish, aiming for the lower support targets around 0.0086 or even 0.0083.
Recommendation:
Buy above 0.0091 for a potential upward move.
Sell if the price dips below 0.00895 for a possible short-term decline.
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