TURBO increased by 23% within 24 hours, achieving a peak price of 0.0059 USD. After a slight retracement, it was trading at 0.00553 USD, still reflecting significant gains for the day.
Despite the rally, 52% of futures traders are shorting TURBO, illustrating a bearish outlook in the market. Trading volume jumped by 123.5% to 352.4 million USD, with open interest reaching 72 million USD.
The RSI has moved into overbought territory at 82.68, raising concerns about a market correction. TRUBO might pull back if sellers become active, especially if the price adjusts to around 0.00498 USD.
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