TURBO Soars to 3-Month Peak—But This Ominous Metric Screams ’Correction Incoming’

TURBO’s rally hits a fever pitch, smashing through resistance to claim its highest price since January. But lurking beneath the champagne-popping charts? A dangerously overbought RSI reading that’s flashing red.

Key red flags: Daily RSI punches above 80 (classic ’sell signal’ territory), while exchange reserves creep up—suggesting whales might be prepping to dump. Retail FOMO meets institutional exit strategy?

Pro traders are quietly rotating into stablecoins, because nothing says ’bull trap’ like a 120% pump on thin order book liquidity. Meanwhile, the project’s GitHub commits flatline—because who needs development when you’ve got memes and leverage?

Bottom line: This rocket ship’s fuel gauge shows empty. Either TURBO discovers warp drive fundamentals in the next 48 hours, or gravity wins. As always in crypto: the bigger the green candle, the harder the rug pull.

Source: Santiment

Of course, the Price DAA divergence remained in positive territory throughout the week, suggesting that network activity grew faster than the price.

Typically, a swelling user base points toward organic demand, not mere speculative hype.

Historically, real demand has paved the way for sustained rallies rather than short-lived pumps.

Can TURBO sustain the uptrend?

While TURBO’s fundamentals are strengthening, activities on exchanges show investors are in disbelief and thus are aggressively taking profits.

Inasmuch so, Exchange Flow Balance has held within positive territory throughout the week, reaching a high of 166 million tokens.

Over the past 24 hours, the Exchange Flow Balance reached 34.1 million. This implies a positive Exchange Netflow with more deposits than withdrawals.

Source: Santiment

Additionally, the Futures market reflects bearish sentiment, with most traders shorting TURBO.

An analysis of the memecoin’s Long/Short data shows that 52% of Futures contracts are shorts, while 47% are longs.

This dominance of short positions indicates that many investors are bearish, anticipating a price decline following the recent uptick.

Source: Coinalyze

What’s next for the AI-memecoin?

According to AMBCrypto’s analysis, TURBO is experiencing short-term upward momentum as speculative buyers dominate the market.

The RSI has entered overbought territory, reaching 82.68, indicating that buying pressure is overheated.

While the bullish momentum persists, it appears increasingly unsustainable, suggesting a heightened risk of a near-term pullback as the rally loses steam.

Source: TradingView

Based on these conditions, TURBO could face a pullback as sellers are active on exchanges, while prices are overheated.

If a correction emerges here, we could see a retrace to $0.00498. However, if the short-term gains hold with speculators in the market, the memecoin can hit $0.0064 before correction.