$TURBO – BEARISH SIGNAL TRIGGERED: TURBO LOSING MOMENTUM?

SUPPORT BREACHED

VOLUME DROPS ON REJECTION

After repeated rejection near $0.00528 and failure to sustain above key resistance, $TURBO is showing signs of exhaustion. The current 4H candle has turned bearish, engulfing the previous candle’s range and forming a lower high/lower low structure. Volume remains inconsistent, highlighting a weakening bullish effort while sellers regain control.

The price broke down from a tight range near the $0.00520 mark, with visible sell pressure emerging below $0.00510. A close below $0.00503 would confirm bearish continuation toward the $0.00486 and $0.00469 supports.

SHORT Trade Setup (Futures Only):

Entry: $0.00512 – $0.00518

Targets:

TP1: $0.00486

TP2: $0.00469

Stop Loss: Above $0.00529

TURBO structure is shifting bearish. Watch for increased volume and rejection wicks to confirm downside pressure.

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