TURBO has been trading inside a long-term descending channel, but recent price action is starting to show a structural shift.
After forming a rounded base near the channel lows, price created an ascending structure with higher lows and is now pressing against the key resistance zone around 0.00115 – 0.00120.
What’s happening:
Bullish accumulation forming near the bottom of the channel
Higher lows continue to build pressure
Price attempting breakout from short-term ascending triangle structure
The major level to watch is 0.00146 resistance. A breakout above that zone could trigger strong momentum expansion.
Bullish scenario:
If buyers hold the ascending support and break above 0.00146, TURBO could accelerate quickly toward 0.0020 – 0.0029.
Bearish scenario:
Failure to hold the current structure may lead to a retest of the 0.00088 support zone and potentially continuation inside the broader downtrend channel.
Right now, TURBO is sitting at a compression point where volatility expansion looks close, and the structure is leaning bullish while support continues to hold.
After forming a rounded base near the channel lows, price created an ascending structure with higher lows and is now pressing against the key resistance zone around 0.00115 – 0.00120.
What’s happening:
Bullish accumulation forming near the bottom of the channel
Higher lows continue to build pressure
Price attempting breakout from short-term ascending triangle structure
The major level to watch is 0.00146 resistance. A breakout above that zone could trigger strong momentum expansion.
Bullish scenario:
If buyers hold the ascending support and break above 0.00146, TURBO could accelerate quickly toward 0.0020 – 0.0029.
Bearish scenario:
Failure to hold the current structure may lead to a retest of the 0.00088 support zone and potentially continuation inside the broader downtrend channel.
Right now, TURBO is sitting at a compression point where volatility expansion looks close, and the structure is leaning bullish while support continues to hold.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.