🔥 $TURBO 1H: Bull Flag Forming After Momentum Surge?
📊 Timeframe: 1H
📈 Market Bias: Bullish (Buy-the-Dip Bias)
🎯 Trade Setup: LONG
Entry Zone: 0.000792–0.000799
Stop Loss: 0.000783
TP1: 0.000813
TP2: 0.000829
TP3: 0.000845
Risk:Reward: 1:2.6
Trade Invalidation: A 1H candle close below 0.000783 with increasing sell volume invalidates the setup.
📈 Technical Analysis
Price remains in a higher high / higher low structure despite the recent pullback.
MA25 is acting as dynamic support, while MA99 remains below price, confirming the medium-term trend is still positive.
The retracement from 0.000829 appears to be profit-taking rather than a structural breakdown.
Volume expanded during the breakout and has declined during the pullback, a healthy sign if buyers defend support.
SMC View: Liquidity above recent highs was tapped, followed by a controlled retracement into a potential demand zone. A bullish reaction from this area favors continuation.
Support: 0.000792–0.000783
Resistance: 0.000813 → 0.000829 → 0.000845
#TURBO/USDT #turbo #TURBO/USDT #turbofinance #Binance
📊 Timeframe: 1H
📈 Market Bias: Bullish (Buy-the-Dip Bias)
🎯 Trade Setup: LONG
Entry Zone: 0.000792–0.000799
Stop Loss: 0.000783
TP1: 0.000813
TP2: 0.000829
TP3: 0.000845
Risk:Reward: 1:2.6
Trade Invalidation: A 1H candle close below 0.000783 with increasing sell volume invalidates the setup.
📈 Technical Analysis
Price remains in a higher high / higher low structure despite the recent pullback.
MA25 is acting as dynamic support, while MA99 remains below price, confirming the medium-term trend is still positive.
The retracement from 0.000829 appears to be profit-taking rather than a structural breakdown.
Volume expanded during the breakout and has declined during the pullback, a healthy sign if buyers defend support.
SMC View: Liquidity above recent highs was tapped, followed by a controlled retracement into a potential demand zone. A bullish reaction from this area favors continuation.
Support: 0.000792–0.000783
Resistance: 0.000813 → 0.000829 → 0.000845
#TURBO/USDT #turbo #TURBO/USDT #turbofinance #Binance
