TURBOUSDT: Breakout Incoming or Another Fakeout?

Hey traders! Today we’re watching TURBOUSDT.P The price is consolidating around 0.0084450 USDT, testing a key resistance level. We’re seeing a classic ascending triangle forming — a textbook pattern before a big move. Will we see a breakout, or is this just another fakeout?

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🔑 Key Levels:

Support:

• 0.0082000 USDT — a key level where buyers could step in again.
  
• 0.0080000 USDT — the last line of defense before a potential drop.
  

Resistance:

• 0.0087261 USDT — the first barrier keeping price in check.
  
• 0.0087928 USDT — the final line before a potential surge.
  

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🚩 Trading Strategy:

Entry Point:
- Long entry on a confirmed breakout above 0.0087261 USDT with volume confirmation.

Stop-Loss:
- Place a stop below 0.0082000 USDT to avoid unnecessary drawdowns.

Take-Profit Targets:

1. 0.0087928 USDT — the first level to lock in some profits.
   
2. 0.0090000 USDT — a target in case of a strong impulse.
   

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📈 Technical Analysis:

• An ascending triangle is forming, signaling potential accumulation.
  
• Increasing volume near resistance indicates strong buyer interest.
  
• If the breakout fails, we may see a retest of support before another attempt.
  

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💡 Conclusion:

This setup looks promising, but confirmation is key. What do you think? Seeing order book liquidity or potential rejection signs? Let’s discuss in the comments!