Accurate Technical Analysis of TURBO Coin
Current Price and Performance
Current Price: Approximately $0.00506
Change over 24 hours: Decrease of -4.71%
Market Cap: Approximately $349.36 million
24-hour Trading Volume: Approximately $186.9 million
Weekly Performance: Increase of +125.66%
🌺Technical Analysis:
Moving Averages: Buy signals on the short and medium term, indicating ongoing bullish momentum
Relative Strength Index (RSI): Approaching the overbought zone, which may indicate a potential price correction soon
MACD Indicator: Shows a bullish crossover, supporting the current positive trend
🌺Support and Resistance Levels:
Main Support: $0.00450 – $0.00456
First Resistance: $0.00520
Second Resistance: $0.00560
Third Resistance: $0.00650
🌺Forecasts and Potential Scenarios
Positive Scenario: If the price can break through resistance at $0.00560 with an increase in trading volume, it may target the next level at $0.00650
Negative Scenario: Breaking support at $0.00450 could lead to a decline towards lower levels, calling for caution
🌺Notes for Investors
Market Volatility: TURBO Coin shows high volatility, providing opportunities for speculators but requiring careful risk management
Technical Analysis: Indicates strong buy signals on the short and medium term, which may attract more investors
