🚨Alert Trade Set Up
Based on 1-hour chart for $TURBO /USDT, here’s a short-term technical analysis for the next 1–2 hours:
Current Chart Observations:
Price: $0.005454
EMAs:
EMA(7): $0.005501 (above current price — minor resistance)
EMA(25): $0.005359 (support)
EMA(99): $0.004959 (stronger support)
RSI(6): 41.49 (weak to neutral momentum; not oversold)
MACD: Bearish crossover, with histogram in red and widening — short-term downward pressure.
Volume: Decreasing — momentum fading.
Strategy Recommendation (1–2 hour timeframe):
Entry Point (Long):
$0.00535 – $0.00540
This range aligns closely with EMA(25) support and previous consolidation area.
Stop Loss:
$0.00520
Below the previous higher low, offering protection against a breakdown while allowing for minor volatility.
Take Profit:
Target 1: $0.00572 (minor resistance zone)
Target 2: $0.00595 (recent high, aggressive TP if bullish momentum returns)
Reasons:
EMA(25) is holding as short-term support, suggesting buyers are still present.
RSI is low but not yet oversold — implying possible bounce potential.
MACD is bearish but not deeply negative — if price finds support soon, a reversal is possible.
Risk-to-reward is favorable if entering closer to $0.00535.
Would you like a follow-up if the price drops below $0.00520 or breaks above $0.00560?
Click the chart below and take your trade with me