$TURBO /USDT BREAKOUT WATCH đš
Current Price: $0.007243 (+7.75%) đ
The market is showing some strong upward momentum, but the key levels are forming a critical consolidation pattern, indicating a potential for both bullish and bearish breakouts soon. Let's break down the trade strategy:
đĄ Key Levels to Watch:
Resistance: $0.007800 â This is the critical upper boundary, and a breakout above this level could trigger a sharp rally.
Support: $0.007000 â The market has been bouncing off this level, but if it breaks, a deeper correction may follow.
đ Trade Setups:
Bullish Scenario (Long Trade):
Entry: Above $0.007800
Targets: TP1: $0.008000, TP2: $0.008200
Stop Loss: $0.007000
Bearish Scenario (Short Trade):
Entry: Below $0.007000
Targets: TP1: $0.006800, TP2: $0.006600
Stop Loss: $0.007800
â ïž Pattern Alert: We're seeing a descending channel forming, which often signals a bullish reversal after the consolidation phase ends. The market's indecision points to an explosive move soonâstay sharp and prepare for a breakout!
#SCRLaunchpoolStarts! #BNBChainMemecoins #Write2Earn! #bearstime #moonbix
