$TURBO /USDT Short Signal Alert📉
Current Price: $0.002530
Change (24h): +13.15%
Trade Setup:✅
Entry Zone: $0.002530 – $0.002600
Target 1: $0.002350
Target 2: $0.002200
Stop Loss: $0.002780 (24H high)
Key Points:💯
Price Surge Rejection: After hitting a high at $0.002778, the price retraced sharply, indicating a potential bull trap.
Bearish Wick: Long upper wick suggests seller dominance at higher levels.
RSI Cooling Off: RSI(30) at 65.25 and RSI(70) at 61.71 hint at an overbought zone cooling down.
MACD Divergence: Bullish momentum fading as histogram bars weaken.
Pro Tip:
Watch for increased volume on red candles for confirmation of sell pressure. If price breaks below $0.00250 with strength, it could accelerate toward T1 quickly.
Risk Management:
Use proper position sizing and adhere to the stop loss. Monitor momentum indicators on 15min & 1H for real-time confirmation.$TURBO