$TURBO Key Position Attention Signal
Once again testing the support level of 0.0085, the triangular convergence continues, getting closer to a breakthrough; it can also be seen as a bottom formation of a box, with POC just above as the resistance level.
1. This bottom pullback has a bit of a second test meaning; waiting for the 1-hour level downtrend to emerge and for the demand to increase, that will be the entry signal. The stop-loss will be set a bit wider, expected to be placed at 0.8 (if it gets hit, pay close attention; if there's not much risk, consider re-entering).
2. For the pullback, wait until this support level is confirmed at the bottom before buying; the stop-loss can be a bit larger since it’s on the left side, best to set it at the daily level.
This depends on each person's risk tolerance; recently I've been studying breakthroughs more, I tend to focus on breakthroughs, pullbacks require a better mindset, and for now, I’m not quite at that skill level yet.
**At the same time, be prepared for the possibility of dropping to the 0.0073 platform to test it; if the price really gets there, it’s also a good opportunity.