📉 $TURBO /USDT Technical Outlook – 4H Chart
TURBO is currently trading at $0.003648, down -1.57%, and remains below the mid-Bollinger Band, indicating short-term bearish pressure.
🔍 Key Observations:
Price rejected strongly from $0.004197, forming a local high.
It is consolidating near $0.003648, just above the lower Bollinger Band support ($0.003459).
Mid-band resistance lies at $0.003732, which needs to be flipped for bullish confirmation.
📊 Trading Plan:
Bullish Scenario (Bounce from Support):
📥 Entry: $0.00350 – $0.00360
🎯 TP1: $0.00373 (Mid Bollinger Band)
🎯 TP2: $0.00396 (Upper Bollinger Band)
🎯 TP3: $0.00420 (Recent swing high)
🛡 SL: $0.00334 (Below lower band support)
Bearish Scenario (Breakdown Below Support):
📥 Entry: Below $0.00344
🎯 TP1: $0.00335
🎯 TP2: $0.00310
🛡 SL: $0.00360
📈 Outlook: TURBO is at a crucial support. A bounce could offer a solid long opportunity, while a breakdown below $0.00344 may invite short setups. Volume confirmation is key.