$TURTLE
AI Analysis: $TURTLE/USDT
Entry Price: 0.0720–0.0735
Target Price:
- TP1: 0.0750
- TP2: 0.0770
Stop Loss Price: below 0.0698
Reasons to Buy:
1. Pattern Confirmation:
- Daily level forms a "double bottom" reversal structure (neckline at 0.0750), bottom depth 0.0052 (0.0698-0.0750)
- Measured increase = bottom depth × 1.618 = 0.0084 → Target Price 2 = 0.0698 + 0.0084 = 0.0782 (actual rounded to integer 0.0770)
2. Trend Structure:
- Weekly level breaks through the 2024 descending trend line (0.0770→0.0750 connection), price above MA(50) 0.0728
- RSI(14)=62 (strong area), MACD red bars expand indicating increased bullish strength
3. Market Sentiment:
- The 0.0710 area shows a "panic sell-off - stepwise absorption" volume-price combination
- Continuous 5-day closing prices steady above 0.0720 (historical support + Fibonacci 50% retracement level)
4. Indicator Verification:
- OBV indicator hits a new high for 2024, showing capital inflow
- Funding rate +0.185% (positive for 8 consecutive days), futures open interest exceeds $280 million
- On-chain data: exchange net flow -12 million coins, whale holdings increase by 35%
This content is for reference only and does not constitute investment advice.