TURBO forms a double bottom structure around 0.00162, with trading volume significantly increasing when breaking through the resistance level. From the candlestick pattern, this position is considered a key support. If it can hold steady, there is considerable room for subsequent upward movement.
Recently, this coin's performance has been quite interesting—the surge in trading volume suggests that market participation is heating up, either due to institutional accumulation or retail investors sensing something. Once the double bottom strengthens, it usually indicates that the previous bearish pressure has been largely digested.
Of course, in the crypto market, risks and opportunities always go hand in hand. The technical outlook looks good, but caution is still necessary. What do you think? Is it time to enter now or continue observing?
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failed_dev_successful_ape
· 01-09 06:56
I find this double bottom pattern quite comfortable, but every time I say that, quite a few people end up getting trapped.
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GamefiGreenie
· 01-07 22:05
Double bottom is double bottom, no need to make it so fancy. Let the volume pick up before we say anything.
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orphaned_block
· 01-07 04:53
双底这套路见过太多次了,最后还不是砸盘收场
Machine translated from Chinese: I've seen this double bottom setup way too many times, ends up getting dumped anyway
Reply0
TeaTimeTrader
· 01-07 04:49
The double bottom is so obvious now; if it's not institutional accumulation, it's really unbelievable. It feels like a wave is coming.
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GasFeeCrybaby
· 01-07 04:37
As long as the double bottom can hold steady, that's good. I'm just worried it might be another institutional trap to cut the leeks again.
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BearMarketBuyer
· 01-07 04:33
Has the double bottom been broken? If yes, chase it; if not, wait and see. Don't overthink it.
TURBO forms a double bottom structure around 0.00162, with trading volume significantly increasing when breaking through the resistance level. From the candlestick pattern, this position is considered a key support. If it can hold steady, there is considerable room for subsequent upward movement.
Recently, this coin's performance has been quite interesting—the surge in trading volume suggests that market participation is heating up, either due to institutional accumulation or retail investors sensing something. Once the double bottom strengthens, it usually indicates that the previous bearish pressure has been largely digested.
Of course, in the crypto market, risks and opportunities always go hand in hand. The technical outlook looks good, but caution is still necessary. What do you think? Is it time to enter now or continue observing?