Binance Price Analysis: $TURBO /FDUSD
Overview: The $TURBO /FDUSD pair has shown strong momentum over the past 24 hours, with a notable +20.94% price increase. Currently priced at $0.010752, TURBO has experienced a solid surge from its 24-hour low of $0.008890, reaching a high of $0.011614.
Key Metrics:
Current Price: $0.010752
24h High: $0.011614
24h Low: $0.008890
24h Volume: 17.15M TURBO traded
Price Change: +20.94%
Meme Coin Sentiment: TURBO has captured attention within the meme coin space, with rapid gains in the last 24 hours.
Technical Indicators:
Moving Averages:
MA(7): $0.010941
MA(25): $0.011112
MA(99): $0.011168 These moving averages show a general upward trend in the short term, with the 7-period MA aligning closely with the current price, indicating potential support around this level. The longer-term moving averages suggest the possibility of a continuation of bullish momentum.
Market Depth:
The market shows a healthy balance of buyers and sellers across different time frames (15m, 1h, 4h, 1d), suggesting continued activity and liquidity.
Target Analysis:
Given the current momentum and recent upward movement, TURBO has the potential to test its immediate resistance at $0.0116. A sustained break above this level could open the door for further price discovery toward the $0.0120 range.
On the downside, if price retraces, the $0.0100 level (near the 7-period MA) could act as a key support level, with the $0.0090 zone also providing potential support based on the 24h low.
Conclusion: $TURBO
/FDUSD is showing strong bullish momentum, with a 20.94% increase in 24 hours, and is positioned to continue its upward trajectory in the short term. Traders should monitor price action closely around $0.0116 and $0.0100 for potential breakout or retracement opportunities. This token has gained traction in the meme coin market, and continued price action above key moving averages suggests further upside potential.