Turbo / USDT – Market Analysis & Trade Setup
Turbo is showing resilience by holding a strong support zone around the 0.000050 level, despite a declining volume of $62M. This suggests price strength and potential accumulation.
Market Highlights:
Market Cap: $346M
RSI (2D timeframe) has cooled down to 57 after previously being overbought at 75, yet price remains stable – a bullish divergence indicating strength.
Currently consolidating in a sideways range.
Key Support Zone:
0.000044 – 0.000050
If this range holds, bullish continuation remains likely.
Break below 0.000040 would invalidate the current bullish structure.
Entry Zone:
0.000045 – 0.000050
Targets:
0.000053
0.000058
0.000063
Final Target: 0.000077
Stop Loss:
Below 0.000040
Outlook:
As long as TURBO holds above the 0.000044 zone, this correction can be seen as a healthy retest within a larger bullish structure. A bounce from this area could lead to new highs.