💥$TURBO /USDT Testing Resistance After a +4.68% Rally!🔥
🌟Current Price: 0.004789 USDT (+4.68%)
🌟24-Hour High: 0.005241 USDT (Resistance zone)
🌟24-Hour Low: 0.004304 USDT (Key support)
Volume (24H):
🌟TURBO: 5.60 Billion
🌟USDT: 26.03 Million
⚡The yellow rectangle on the chart marks a strong resistance zone near 0.005241 USDT, while the yellow ascending trendline signals persistent bullish momentum.
⚡Technical Insights 🧩
Bollinger Bands: Expanding, indicating higher volatility and potential for sharp moves.
RSI: Nearing overbought—careful with aggressive longs.
MACD: Bullish crossover remains intact; momentum favors buyers.
Ascending Trendline: Serves as dynamic support for potential rebound plays.
⚡Trading Setup 📝
🎖️Bullish Scenario (Breakout Trade)
👉Entry: Above 0.004800 USDT (confirmed breakout with strong volume)
👇Take-Profit Targets:
🎯TP1: 0.004950 USDT
🎯TP2: 0.005150 USDT
💢Stop Loss: Below 0.004700 USDT
🎖️Bearish Scenario (Pullback Trade)
👉Entry: Below 0.004700 USDT (confirmed rejection)
👇Take-Profit Targets:
🎯TP1: 0.004600 USDT
🎯TP2: 0.004500 USDT
💢Stop Loss: Above 0.004800 USDT
⚡Risk Management Plan ⚠️
After TP1, move Stop Loss to Breakeven and secure 50% profits for both setups.
Protect capital proactively during high volatility phases.
⚡Key Takeaways ✍️
Breakout above 0.005241 USDT could unlock stronger bullish continuation.
Watch volume confirmation before taking any breakout or pullback trades.
Prioritize risk management—volatility can be both an opportunity and a trap.
Disclaimer: #DYOR*
Buy Or Trade With Me On $TURBO