$TURBO

Currently, the price of **Turbo (TURBO)** is trading around **$0.00895737**, down approximately **10.38%** from the previous session.

Technical Analysis:

1. Price Chart and Trend:

- TURBO has experienced a significant price drop, from a daily high of **$0.01000139** to a low of **$0.00857144**, indicating that selling pressure is dominant.

2. Technical Indicators:

- Moving Average (MA):** The price is currently below the short-term MA lines, indicating a short-term downtrend.

- RSI (Relative Strength Index):** RSI may be approaching the oversold region, suggesting that the price could either recover or continue to decline further.

3. Support and Resistance Levels:

- Support: The nearest support level may be around **$0.0080**; if broken, the price could decline further.

- Resistance: A significant resistance level may be at **$0.0105**; if surpassed, TURBO could continue its upward trend.

Trading Strategy Suggestions:

- Buying Strategy:

- Consider buying when the price approaches or bounces off the support level of **$0.0080**, with the expectation of a recovery to the resistance level of **$0.0105**.

- Place a stop-loss order below **$0.0075** to minimize risk.

- Selling Strategy:

- Consider selling if the price cannot maintain the support level of **$0.0080**, forecasting a continued downtrend.

- Set a profit target at **$0.0105** if purchased at the support level.

Note:

- The cryptocurrency market is highly volatile; it is advisable to monitor closely and adjust strategies promptly.

- The analysis above is for reference only and does not guarantee investment results.#Turbo #BTC☀