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$TURTLE Technical Analysis (15m Chart)
Trend: Strongly Bullish. The turtle has recently broken out of its consolidation zone and is now creating "Higher Highs" in an upward trajectory.
Key Levels:
Resistance: Immediate resistance is at $0.0655. After this, the major target will be
$TURTLE 0.0700 (psychological level).
Support: A strong support zone is between $0.0580 – $0.0600. If the price drops, this will be a "Buying Zone".
Patterns: An Ascending Channel is forming on the chart. The price is testing the upper boundary, which is a sign of momentum. "Bullish Engulfing" candles are clearly visible in the candlestick formations.
Indicators: RSI is currently at 62, indicating that there is still buying pressure in the market and it has not become "Overbought". Moving Averages (EMAs) are below the price, providing strong trend support.
🎯 Trade Setup
Entry Zone: $0.0620 – $0.0635 (It’s better to enter on a retest).
Target 1 (TP1): $0.0665
Target 2 (TP2): $0.0710
Stop Loss (SL): $0.0595 (Exit if there is a breakout below support).
Risk/Reward (R:R): 1:2.8
Are you holding your
$TURTLE bags or waiting for a pullback? Let's discuss in the comments! 👇
#TURTLE #TurtleUSDT #CryptoAnalysis #BinanceSquare #AltcoinSeason NFA (Not Financial Advice). Always manage your risk and DYOR.