As per Bijié Wǎng, Turbo (TURBO) surged 35% yesterday, breaking through a descending resistance channel and showing strong upward momentum. The price is expected to rise 180% to reach a local high of $0.006976, but must overcome key resistance levels at $0.002498, $0.003160, and $0.004521. Technical indicators such as the MACD golden cross and a trading volume of $8.7 billion support the uptrend, while bearish sentiment in the derivatives market and the lowest level of the interest rate on open positions (IOWFR) since September pose short-term risks.
Turbo (TURBO) Surges 35% Amid Golden Cross and $8.7 Billion Trading Volume
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