Turbo (TURBO) Price Analysis & Trading Plan
Current Situation:
Price Structure: Recently broke and closed above key resistance around $0.0005 on the 5-day chart — a very bullish signal.
Market Cap: ~$387M
Trading Volume: ~$277M (high volume supports the uptrend).
Trend: Strong bullish momentum across higher time frames (5D, 3D).
Chart & Structure Observations:
After clearing the $0.0005 zone, price is heading toward the next strong resistance at $0.00071 (71s area).
Following that, the next big target is $0.00091 (91s area).
RSI is overbought but price still has room for continuation before a significant pullback.
Entry Point:
Ideal Buy Zone:
Dips toward $0.00054–$0.00056 can be used for small, cautious entries if the market offers any retracement.
Fresh entries now are riskier due to extended move but trend remains bullish.
Profit Targets:
First Target (TP1): $0.00071 (partial profit suggested)
Second Target (TP2): $0.00091 (main target for current run)
Stop Loss:
Below $0.00048 (below the last breakout level — if broken, trend could weaken).
Short-Term Outlook (April - May):
Immediate upside toward $0.00071 expected.
After hitting $0.00071, watch for possible short-term pullback.
If momentum stays strong, likely continuation toward $0.00091 target.