$TURBO just wrapped up a 5-wave Elliott impulse and is now entering a corrective phase ⬇️
📊 Wave Count Summary:
Wave (1) to (5) marked a solid uptrend
Peak of Wave (5) hit around 0.003874
Currently developing a classic ABC correction
🔍 Correction Levels to Watch (Wave C Projections):
🔹 0.003784 → 100% extension of Wave A
🔹 0.003728 → 1.618 extension – strong confluence support
🔹 0.003874 → Likely the end of minor Wave B retracement
This structure signals a healthy pullback within a bullish trend. If price respects the 3728 - 3784 zone, we may see continuation upside soon.
🎯 Strategic Zones:
Buy Opportunity: Around 3730 – 3780 (on confirmation)
Invalidation: Drop below 3700 would question the bullish count
Upside Target (Post-Correction): Retest of 3900 - 4000 and potential expansion
📌 Let the correction complete — smart money loads during fear, not hype.