$TURBO “Turbocharged Breakout in Play”
TURBO is trading near the $0.00383-0.00395 level while exhibiting high trading volume in a noticeable daily gain. The token has seen approximately $30+ million traded in the past 24 hours indicating market interest is rising.
The first resistance level is $0.00412, which was its intraday high, and if Turbo was able to break this level with solid volume, we will likely see $0.00440-0.00450. Support lies in the $0.00377- $0.00380 zone, making trades relatively low risk.
For day trades, if a trader is to buy between the $0.00380 to $0.00385 level, this will give them a chance to capture a breakout move due to the current improvement in Turbo and market interest.
Long-term buyers may want to look for entries more towards the $0.00370 and $0.00375 zone for better entry prices, with longer-term targets in mind of the next price rally.
Overall Turbo is showing signs of energy and causing traders to have thoughts about a break-out so we must pay attention to the resistance zone as it appears to have enough momentum to move towards this zone. ⏩🔋