$TURBO
TURBO
0.00103
-3.55%
is coiled like a spring right now. 👀
Price continues to respect a key horizontal support level while forming a tightening descending wedge, a structure that often precedes strong expansion moves.
The pattern is approaching its apex, meaning volatility is compressing and the market is running out of room. When this type of structure resolves, the breakout can be fast.
If bulls manage to push price above the wedge resistance with momentum, TURBO could see a sharp upside move as liquidity above gets triggered.
For now, the setup remains constructive as long as support holds.
Eyes on the breakout.
🚀