Turbo (TURBO) Price Pumps 8% As Bulls Target A Breakout Above $0.006

The TURBOUSDT trading pair continues to show strength as bullish momentum builds following its recent breakout.

The Turbo price today rose 8% to reach $0.005438 by 11 p.m. ET. The 24-hour trading volume has surged 73% to $289 million.

However, TURBO faces resistance at the $0.006 mark, which could pose a challenge for buyers in the short term. A decisive move above this level with strong volume is needed to open the door for further gains toward the $0.007 region or higher.

On the other hand, failing to break through the $0.006 level could lead to a return of selling pressure, potentially pushing TURBO back toward its earlier support levels around $0.005.

The technical setup, increased volume, and market structure suggest a bullish breakout is more likely. However, traders could await clear confirmation before entering new positions.