1. Pattern Confirmation: - A "double bottom" reversal structure has formed on the daily chart (neckline at 0.0750), with a bottom depth of 0.0052 (0.0698–0.0750) - Measured increase = bottom depth × 1.618 = 0.0084 → Target Price 2 = 0.0698 + 0.0084 = 0.0782 (rounded down to 0.0770) 2. Trend Structure: - The weekly chart has broken above the 2024 downtrend line (0.0770→0.0750), with price above MA(50) 0.0728 - RSI(14) = 62 (strong zone), MACD red bars expanding, indicating increasing bullish strength 3. Market Sentiment: - "Panic selling–stepwise absorption" pattern observed in the 0.0710 area - Closing price has held above 0.0720 for 5 consecutive days (historical support + Fibonacci 50% retracement) 4. Indicator Verification: - OBV indicator hits a new high in 2024, showing capital inflow - Funding rate +0.185% (positive for 8 consecutive days), futures open interest exceeds $280 million - On-chain data: exchange net flow -12 million tokens, whale holdings up 35%
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AI Analysis: $TURTLE/USDT
Entry Price: 0.0720–0.0735
Target Price:
- TP1: 0.0750
- TP2: 0.0770
Stop Loss: Below 0.0698
Reasons to Buy:
1. Pattern Confirmation:
- A "double bottom" reversal structure has formed on the daily chart (neckline at 0.0750), with a bottom depth of 0.0052 (0.0698–0.0750)
- Measured increase = bottom depth × 1.618 = 0.0084 → Target Price 2 = 0.0698 + 0.0084 = 0.0782 (rounded down to 0.0770)
2. Trend Structure:
- The weekly chart has broken above the 2024 downtrend line (0.0770→0.0750), with price above MA(50) 0.0728
- RSI(14) = 62 (strong zone), MACD red bars expanding, indicating increasing bullish strength
3. Market Sentiment:
- "Panic selling–stepwise absorption" pattern observed in the 0.0710 area
- Closing price has held above 0.0720 for 5 consecutive days (historical support + Fibonacci 50% retracement)
4. Indicator Verification:
- OBV indicator hits a new high in 2024, showing capital inflow
- Funding rate +0.185% (positive for 8 consecutive days), futures open interest exceeds $280 million
- On-chain data: exchange net flow -12 million tokens, whale holdings up 35%
This content is for reference only and not investment advice.