𝐈𝐬 $TURBO /𝐔𝐒𝐃𝐓 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐚 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐨𝐫 𝐃𝐞𝐞𝐩𝐞𝐫 𝐃𝐞𝐜𝐥𝐢𝐧𝐞? 𝐀𝐧𝐚𝐥𝐲𝐳𝐢𝐧𝐠 𝐊𝐞𝐲 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐒𝐢𝐠𝐧𝐚𝐥𝐬.

The $TURBO /USDT 4-hour chart shows a bearish trend, characterized by lower highs and lower lows, with the current price around £0.009460. The immediate support level at £0.009032 is critical; if this level holds, there is potential for a rebound towards the resistance at £0.009921. A breakout above £0.009921 could signal a reversal, providing an opportunity to target higher levels, such as £0.010417. However, if the support at £0.009032 fails, a further decline to £0.008891 or lower is likely.

For a trading strategy, consider entering long positions near £0.009032 with a stop loss set below £0.008891 to minimize risk. To capitalize on potential gains, target £0.009921 for a quick profit, and if the price breaks above this resistance, consider trailing the stop loss to lock in profits while aiming for £0.010417. For short positions, look for entries if the price falls below £0.009032, targeting lower levels with a stop loss above £0.009460.

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