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TURBO/USDT Technical & Fundamental Analysis
📊 Fundamental Overview
Category: Meme Coin (High volatility, speculative).
Recent Performance: +12.35% (24h) showing strong short-term momentum.
24h Volume: 1.23B TURBO ($4.60M USDT) Moderate liquidity.
📈 Technical Analysis (Short-Term Trade Setup)
🔍 Key Levels
Support (Buy Zone): $0.003464 (24h Low)
Resistance (Sell Zone): $0.003973 (24h High)
Bollinger Bands (20,2):
Upper Band (UB): $0.003982 (Strong resistance)
Middle Band (BOLL): $0.003603 (Dynamic support)
Lower Band (LB):$0.003223 (Strong support)
Trade Setup
✅ Entry (Long):
Break & Hold Above $0.003973 (Confirmation needed with volume).
OR Pullback to $0.003603 (Middle Bollinger Band) with RSI >50.
🎯 Take Profit (TP):
First Target: $0.003982 (Upper Bollinger Band)
Second Target: $0.004500 (Psychological Resistance)
❌ Stop Loss (SL): Below $0.003464 (24h Low).
📉 Short Trade (If Rejected at Resistance)
Entry (Short): If price fails to break $0.003973 and drops below $0.003603 (Middle Band).
TP: $0.003223 (Lower Band).
SL: Above $0.003973.
📊 Indicators Confirmation
RSI (6): 62.43 (Mildly overbought, but can extend if momentum continues).
RSI (12): 53.75 (Neutral, room for upside).
Volume: Declining from MA5 (358M → 224M), needs confirmation for breakout.
🎯 Final Verdict
Bullish Case: Break above $0.003973 → Target $0.0045.
Bearish Case: Rejection at $0.003973 → Drop to $0.003223.
Risk Warning: Meme coins are highly volatile. Use tight stop-loss.
⚠️ Always confirm with volume & price action before entry!