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Summary
• Price declined sharply during the 5-minute timeframe, forming bearish engulfing patterns.
• RSI suggests oversold conditions, while volume surged in the latter half of the period.
• Key support levels were tested near $0.00192–0.00194, with potential for a short-term bounce.
Turbo/USDC (TURBOUSDC) opened at $0.002031 on 2026-01-14 at 12:00 ET, reached a high of $0.00204, a low of $0.001838, and closed at $0.001851 on 2026-01-15 at 12:00 ET. The 24-hour volume was 26,617,900.0, with a turnover of approximately $49,607.71.
Structure & Formations
A sharp bearish trend dominated the session, with several bearish engulfing patterns forming as price broke key support levels. A notable doji appeared at $0.00195, signaling indecision. Support levels around $0.00192 and $0.00194 were tested multiple times, with the low of $0.001838 marking a critical area of interest.
Moving Averages
On the 5-minute chart, price closed below both the 20 and 50-period moving averages, reinforcing the bearish momentum. The longer-term daily 50/100/200 EMA structure would need updated data for precise analysis, but the 5-minute structure remains bearish with no signs of near-term reversal.
MACD & RSI

The RSI approached the 30 oversold level near the close, suggesting potential for a short-term bounce. The MACD line remained negative throughout the session, with the histogram contracting slightly toward the end, indicating weakening bearish momentum.
Bollinger Bands
Volatility expanded significantly during the session, with price spending much of the time near or below the lower Bollinger Band. This suggests heightened bearish pressure and potential for a reversion toward the moving average or a continuation below it.
Volume & Turnover
Volume surged during the latter half of the session, particularly in the $0.001880–$0.001850 range. Turnover spiked in line with price action, confirming bearish momentum and aligning with the sharp decline. No major divergences were observed.
Fibonacci Retracements
Applying Fibonacci to the recent 5-minute swing from $0.00204 to $0.001838, key levels at 61.8% (~$0.00194) and 38.2% (~$0.00192) were tested and broken, indicating a possible extension toward lower levels.
Forward-looking observation
Price appears to be in a short-term bearish flow with oversold RSI suggesting potential for a near-term bounce. However, given the breakdown of key Fibonacci and support levels, a continuation lower into the $0.001830s remains a risk for the next 24 hours. Investors should monitor volume and RSI divergence for early signs of reversal.
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