💰$TURBO is currently trading around $0.0008415, coming under fresh selling pressure as bearish momentum begins to build.
Technical Analysis (4H timeframe):
🔴 The price is trading near key short-term moving averages, while the SHORT Sequence 1 signal indicates sellers are gradually regaining control and downside momentum is starting to strengthen.
⚠️ The $0.000855–$0.000870 range acts as immediate resistance. Unless TURBO breaks and closes above this zone, recovery attempts are likely to face renewed selling pressure.
📉 Initial support is located around $0.000825–$0.000830. A break below this level could extend the decline toward $0.000805–$0.000815.
Outlook: The short-term bias leans bearish, supported by the fresh SHORT Sequence 1 signal and increasing selling pressure. A decisive recovery above $0.000870 would weaken the bearish outlook, while remaining below resistance keeps the downside scenario in focus.
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