2025-12-03 11:21:33

$TURBO just punched through that descending trendline it's been testing for months. The daily chart tells an interesting story—what started as relentless selling pressure has clearly flipped. Buyers are stepping in now.

The breakout zone matters here. If TURBO keeps trading above it? We're looking at a run toward the quarterly peak sitting at $0.007000. That's the level everyone's watching. Momentum shifted. The compression phase is over. Now we wait to see if this hold sticks or if it's another fakeout.

TURBO-2,44%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
4
Repost
Share

Comment

Add a comment

NFTBlackHole

· 2025-12-05 02:06

The probability of a false breakout isn't low. We've seen this kind of pattern many times in previous years, so it's important to maintain a good stop-loss.

View OriginalReply0

MerkleTreeHugger

· 2025-12-03 11:50

The probability of a false breakout is still quite high. Every time they say it’s going to break through 0.007, but in the end...

View OriginalReply0

CommunityWorker

· 2025-12-03 11:49

I've seen plenty of fake breakouts; now it's all about who can hold on the longest.

View OriginalReply0

MiningDisasterSurvivor

· 2025-12-03 11:39

Another breakout? I’ve seen it all before. It was just as bullish in 2018, and look what happened... Another fake breakout to lure in new retail investors who’ll end up getting burned.

I’ll only believe it when it bottoms out. With the current pace, I really don’t buy it.

View OriginalReply0