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Turbo Breaks $0.018 After Wedge Reversal – Price Discovery Is Underway
Turbo cleared $0.018 after breaking a multi-week wedge, confirming a strong bullish trend across multiple timeframes.
A cup pattern breakout on the 15-minute chart sent Turbo from $0.00591 to $0.00682 with rapid volume-driven momentum.
Turbo now trades in price discovery with no visible resistance, as bulls hold control and volume keeps accelerating.
Turbo triggered a strong breakout from a multi-week falling wedge structure on the 3-day chart. The surge lifted Turbo above $0.018, pushing bulls into full control of the short and mid-term trend.
The pattern break sparked immediate momentum, wiping out resistance levels and drawing high-volume participation. Turbo now trades in clear price discovery territory, with buyers continuing to drive action across multiple timeframes.
Wedge Formation Becomes Launchpad for Bulls
Turbo ranged between $0.0027 and $0.0045 for weeks, forming a clean falling wedge structure. The breakout initiated with a large green candle that closed decisively above the wedge. This early move confirmed a bullish reversal backed by volume expansion.
After clearing $0.0055, Turbo moved sharply past $0.0070 and $0.0090 with zero hesitation from buyers. Price stacked higher as volume climbed, confirming broad market support. The wedge zone acted as a long-term accumulation base, giving early bulls time to position.
That said, the vertical rally has now placed Turbo in uncharted territory. Every candle pressed higher with no resistance blocking the climb. The former wedge structure now serves as a strong foundational base for extended upside moves.
Cup Breakout on Intraday Chart Signals Acceleration
On the 15-minute timeframe, Turbo broke out of a cup-shaped pattern, driving price from $0.00591 to $0.00682. The rally unfolded within one hour and was supported by sharp volume on each bullish candle. Price quickly retraced to $0.00617 to establish a new short-term base.
The intraday RSI hovered at 53.52, signaling a mild cool-off but no signs of breakdown. Turbo now trades in a tight range between support at $0.00591 and resistance at $0.00682. Traders are watching this level for signs of another breakout leg.
This analysis from market researcher Steph_iscrypto confirms the alignment between this short-term spike and the wider 3-day structure. This confirms bullish pressure remains intact and supported by time-based confluence.
Momentum Stays Firm With Bullish Alignment
Turbo maintains bullish momentum on all timeframes, with no overhead resistance present in the current chart structure. Market flow continues to favor the upside with steady buyer absorption.To build on that, volume trends show participation is growing with each rally phase. Turbo has quickly become one of the most-watched altcoins on the market. The price trend remains explosive, with technicals favoring continuation if volume persists.