$TURBO
Technical Analysis for TURBO (April 2025):
Current Price: Approximately $0.0052.
Overall Trend:
Short-term trend is bullish.
The price broke through previous resistances due to buying momentum.
Important Support Levels:
$0.0045 — Strong support (previous retracement level).
$0.0038 — Deeper support if a strong correction occurs.
Nearby Resistance Levels:
$0.0055 — Short-term resistance (current test).
$0.0062 — Potential higher resistance.
Technical Indicators:
RSI (Relative Strength Index): Above 65 → Close to the overbought area, a slight correction is likely.
MACD: Positive signal (MACD line above the signal line), supportive of the upward trend.
Trading Volume:
On a continuous rise → Indicates good buying interest.
Quick Summary:
The trend is currently positive with the possibility of additional upward movement, provided that resistance at $0.0055 is broken with stability.
If the breakout fails, we may witness a correction towards $0.0045 before attempting a new rise.