TURBO has formed a clear double bottom pattern at the 0.0019 support level, with trading volume surging significantly in recent days and breakout signals becoming increasingly strong. Looking at the RSI indicator, it has already entered an overbought zone—this combination typically suggests that momentum for a rebound is accumulating.
Price has tested this support level multiple times to find a bottom, and the strength of each rebound has been increasing. This time, the trading volume has exceeded previous levels. If it can effectively break through the previous high, there is still potential for upside in the subsequent move. Of course, with these small-cap tokens, volatility is high, and risks should not be underestimated.
The question now is whether this is truly a launch signal this time, or just another flash in the pan? From a technical perspective, all indicators are confirming, but the market never lacks surprises. What's your take on this price action?
Double bottoms can be written like this, feels like it's launching every week lol
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Trading volume did increase, but this trash TURBO coin I've seen too many times with "this time it's real"
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RSI enters a strong zone and you get on board? Bro that logic is everywhere
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Another story about breaking the previous high, shitcoins do this every time
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Let's wait and see if it can actually touch the previous high, anything we say now is too early
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My experience with these shitcoins is don't listen to the technicals, listen to the wallets
Here's the translation to Japanese (ja-JP):
またこの二重底出来高の話か、毎回いろんな指標がうなずいてるって言うけど、結果どうなった？
正直に言うと、小銭は1日に3回変動して、反応する頃には半分になってる。
0.0019というサポートレベルが本当に堅いかどうか、本当に分かりにくいね。市場はそこまで細かくないしな。
毎日RSI、ブレイクアウトシグナルって言うけど、大口投資家が受け取るかどうかを見た方がマシだ。
今回は違う感じがする...のかな？それとも様子見を続けるか。
TURBOが本当に上がるなら、とっくに上がってるよ。もう弄り回すなよ。
TURBO has formed a clear double bottom pattern at the 0.0019 support level, with trading volume surging significantly in recent days and breakout signals becoming increasingly strong. Looking at the RSI indicator, it has already entered an overbought zone—this combination typically suggests that momentum for a rebound is accumulating.
Price has tested this support level multiple times to find a bottom, and the strength of each rebound has been increasing. This time, the trading volume has exceeded previous levels. If it can effectively break through the previous high, there is still potential for upside in the subsequent move. Of course, with these small-cap tokens, volatility is high, and risks should not be underestimated.
The question now is whether this is truly a launch signal this time, or just another flash in the pan? From a technical perspective, all indicators are confirming, but the market never lacks surprises. What's your take on this price action?