$TURBO Pullback or Launchpad? Coiling Just Below Resistance!
TURBO/USDT is hovering at $0.003859, up 8% on the day after a strong impulsive rally. Price tapped resistance at 0.003950 and is now pulling back slightly, but volume remains elevated — a bullish continuation could be brewing just under the surface.
Key Price Zones
Resistance:
• 0.003910 – 0.003950
A breakout from here could trigger acceleration toward 0.004150 and 0.004400
Support:
• 0.003820
If this level breaks, watch for deeper pullbacks to 0.003780 and 0.003720
Trade Setup
Bullish Outlook:
Buy on breakout above 0.003950
• Target 1: 0.004150
• Target 2: 0.004400
• Stop-loss: Below 0.003800
Bearish Outlook:
Sell on breakdown below 0.003820
• Target 1: 0.003780
• Target 2: 0.003720
• Stop-loss: Above 0.003910
Price action is compressed under key resistance, suggesting a potential squeeze ahead. If bulls reclaim control and push above 0.003950, expect a sharp follow-through. Watch for volume confirmation before jumping in.