$TURBO my first experience was with a fast pump near 0.00204, but it couldn't hold the price from there. After that, there was a proper dump, and gradually it slipped down to 0.00186. Here it received a slight reaction, and now a bounce is being observed in the area of 0.00193–0.00194.
This bounce does not seem to be a strong reversal; it is mostly a relief move. The SAR is still moving upwards, which means the trend is still on the weak side. The MACD is flattening out from negative, indicating that selling pressure has slowed down, but buyers have not yet taken control.
The level of 0.00186 is important support. If it breaks again, then further downside risk opens up. On the upper side, there is resistance at 0.00197–0.00200, and 0.00204 is a strong rejection zone from where the last dump occurred.
It's a meme coin; the moves are fast and can be reversed as well. Chasing right now is risky. Either a proper hold at support should come, or a clear break upwards — getting stuck in between is what usually happens.
