[Technical Analysis] $TURBO

/USDT – Momentum Building?

Date: May 2, 2025 | Time: 12:23 UTC

Price: $0.005148 (+0.06%)

TURBO continues to show bullish resilience after a strong 10.22% gain in the past 24 hours, trading around $0.00509. The current candle holds steady with slight consolidation near resistance, indicating potential for a breakout.

Key Trading Data:

24h High: $0.005405

24h Low: $0.004450

Volume (TURBO): 6.37B | Volume (USDT): $31.29M

MA60: $0.005195 (current price slightly below)

Technical Highlights:

Price action consolidating near MA60 — a key short-term resistance zone.

Tight range between $0.005141 - $0.005182 shows.

Amplification: 0.21% indicates low chop, setting the stage for directional moves.

Short-Term Price Targets:

1. Target 1: $0.00540 – Retest of the 24h high.

2. Target 2: $0.00560 – Breakout toward psychological round number.

3. Target 3: $0.00600 – Extension level if volume surge continues.

Conclusion:

Keep a close eye on volume and MA60 breakout confirmations. A strong move above $0.00520 with volume could trigger bullish continuation toward higher targets.

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