$TURBO /USDT – Short Position Alert!
Current Price: $0.002216 (+9.16%)
🔻 Trade Overview:
Despite the recent surge, $TURBO is now forming lower highs and facing resistance near $0.00230, signaling potential buyer exhaustion. The presence of rejection wicks and fading momentum supports this view.
🔑 Key Price Zones:
• Resistance: $0.002280 – $0.002330
• Support: $0.002120 – $0.002150
• 24H Price Range: $0.002019 – $0.002328
📉 Suggested Short Entry:
• Entry Range: $0.002230 – $0.002270
• Take Profit Targets:
• TP1: $0.002150
• TP2: $0.002080
• TP3: $0.001990
• Stop Loss: $0.002345
📊 Market Outlook:
Short-term price action is weakening. A break below $0.00220 with strong volume could trigger a move back to the previous accumulation zone around $0.00205 or even lower.
💡 Tip for Traders:
Look for bearish engulfing candles and red volume spikes as confirmation. If you’re in profit, consider using a trailing stop loss to protect gains.
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