đčđ$TURBO
BEARISH TECHNICAL ANALYSIS â SELL PRESSURE BUILDING BELOW SUPPORT
$TURBO is showing clear weakness as price struggles to hold above the short-term support zone. The 4H chart indicates lower highs forming, with candles closing below the 20EMA and 50EMA â a sign of increasing bearish momentum. RSI is tilting downward from mid-levels, confirming selling dominance.
Entry Zone: Below 0.00255 confirmation candle close
Take Profit (TP):
âą TP1: 0.00245
âą TP2: 0.00235
âą TP3: 0.00220
Stop Loss (SL): 0.00270 (above recent resistance)
Risk Management:
Use strict position sizing â risk only 1â2% per trade. Move SL to breakeven once TP1 hits to secure gains and manage exposure effectively.