$TURBO
♠️ TURBOUSDT Trading Signal
🔴 Short Signal
Entry Price: 0.00655 (Current Price)
Stop Loss: 0.00668 (+2.00%)
Profit Target:
1. 0.00645 (-1.53%)
2. 0.00635 (-3.05%)
3. 0.00625 (-4.58%)
4. 0.00615 (-6.11%)
Reason:
1. The current price is at the intersection of long and short positions, but the short pressure is relatively large.
2. There are a large number of 50x and 25x short orders concentrated in the 0.00655-0.00665 range, forming strong resistance.
3. The long orders in the 0.00645-0.00635 range below are relatively scattered, and there is a large room for decline.
Notes:
1. It is recommended to use a small position, with a maximum of no more than 3% of the total funds.
2. Pay close attention to the 0.00645 support level. If it falls below, consider adding a small position.
3. Use a step-by-step profit-taking strategy to reduce a portion of the position at each target price.
4. If it breaks through 0.00665, consider exiting the market with a stop loss in advance.
Additional observations:
- Pay attention to changes in trading volume. A large volume break below 0.00645 is more convincing.
- Pay attention to the overall cryptocurrency market sentiment, which may have an impact on TURBO's trend.
Please note that this is a high-risk small-cap token and the volatility may be very volatile. Be sure to strictly implement risk management and do not invest more money than you can afford.