$TURBO – DEAD CAT BOUNCE? BEARS MAY STRIKE BACK!
REJECTION FROM $0.00526 SUPPLY
RALLY ON DECLINING VOLUME
$TURBO attempted a recovery after bottoming near $0.00445, but the bounce stalled below key resistance at $0.00526. Despite the price increase, the latest candle shows rejection and fading momentum, with volume starting to cool down after an aggressive uptick. This structure resembles a classic dead cat bounce within a broader downtrend. Failure to reclaim and hold above $0.00530 may trigger another drop toward $0.00460 or lower. Shorts may re-enter on weakness confirmation.
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