TURBO’s Chart Signals Potential Surge – Could it Reach 80% Higher?

A recent analysis of the TURBO/USDT token on Binance suggests a potential breakout for this altcoin. The falling wedge pattern on its 8-hour chart, historically indicating a high success rate in breaking out (70%), raises hopes for a significant rally. This upward momentum is supported by decreasing selling pressure observed through the MACD and RSI readings. Currently at $0.003021, TURBO has seen a recent 2.69% increase, indicating growing buying pressure. A successful breakout from this wedge pattern could push prices to $0.004530, representing a substantial 39.77% surge. However, if the breakout fails, the price may drop down towards $0.0028 before further downside movement. An increase in buying activity might be the catalyst for TURBO’s bullish trajectory.