🚀 $TURBO
/ TURBOUSDT (Perpetual)
Current Price: $0.0014894 (▼ 0.27%)
Alert: Descending Channel Near Breakout!
On the 2-day chart, $TURBO is forming a classic Descending Channel that’s reaching its tightest point. This type of setup often precedes a strong bullish breakout, as selling pressure diminishes and buying momentum builds near the support zone.
Pattern: Descending Channel → Bullish Reversal 🟢
Timeframe: 2-Day (High confidence)
Trend: Consolidation at support before a potential breakout
Profit Targets:
TP1: $0.0022
TP2: $0.0029
TP3: $0.0040
TP4 (Moon): $0.0065
Why it’s worth watching:
Bullish Structure: The channel is approaching its apex, showing sellers are losing steam.
Momentum: Buying pressure is quietly building at the support/demand zone.
Breakout Ready: A move above the upper resistance could spark a high-volume surge.
Analysis by: Abdul Raoof ✍️
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