$TURBO Currently, Turbo (TURBO) is trading at around $0.0093, and the sentiment surrounding it is mixed. While it experienced strong growth earlier in 2024, recently it has faced some resistance, particularly after regaining its previous highs. Analysts predict that Turbo may face a correction due to overbought conditions and horizontal resistance at these levels.
For short-term investors, a potential target price for Turbo could range from $0.0048 to $0.005, as a 32% pullback is expected if current resistance holds. However, in the longer term, bullish projections suggest a recovery towards $0.01, but reaching such a target might take time due to the high volatility and market corrections.
**Recommendation**: Investors should watch for potential price dips before entering a position, and keep an eye on the resistance levels for signs of a breakout or continued correction.