TURBO on the Verge of Breakout
: Cup and Handle Formation Signals Bullish Momentum
#TURBO/USDT #turbo #turbofinance #Write2Earn! #BinanceSquareFamily
**TURBO** is forming a classic **cup and handle pattern** on the logarithmic parabolic trend, suggesting a phase of distribution and consolidation throughout October.
The handle of this formation is projected to align with the parabola around **November 5**, indicating a potential breakout by **November 14 ±**.
- Price Target :
$0.045 based on the **0.786 Fibonacci retracement** and other confluence zones.
- Following this breakout, we could see the target of **$0.045** hit within **1-2 months**.
Future Price Targets :
- April : $0.146
- May : $0.3
- June : $0.62
- July : $1.325
For traders, the key is to monitor any parabola or **BTC.D** breakdown, which could provide a significant opportunity to secure gains without needing to catch the ultimate top.
Conclusion & Advice :
TURBOâs cup and handle pattern shows strong bullish potential, with multiple confluence zones supporting the upside move. Traders should focus on the **November breakout**, setting their sights on the key target of **$0.045** in the coming months. Keeping an eye on the parabola breakdown could be crucial for maximizing profits and managing risk effectively.
