Market Overview: Turbo/USDC (TURBOUSDC) 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 11:35 pm ET1min read
USDC
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Aime RobotAime Summary

- TURBO/USDC price fell to 0.001942, breaking key support at 0.001932 amid rising bearish momentum.

- Surging volume (126M units) and bearish MACD/RSI confirm weakening bullish pressure.

- Price traded below Bollinger Bands for hours, with volatility peaking between 18:00-20:00 ET.

- 20/50-period moving averages align bearishly, with 0.001944 as immediate resistance.

- 61.8% Fibonacci retracement at 0.001932 acts as critical near-term support level.

Summary
• Price declined from 0.002003 to 0.001942, breaching key support near 0.001932.
• Volume surged during the breakdown, confirming bearish momentum.
• RSI and MACD show weakening bullish momentum with overbought conditions resolving.
• Volatility expanded during the session as the price moved outside Bollinger Bands.

At 12:00 ET–1, Turbo/USDC opened at 0.001984, reached a high of 0.002003, and closed at 0.001942 after hitting a low of 0.001910. Over the 24-hour window, total trading volume amounted to 126,147,519.0 and notional turnover reached 243,212.03.

Structure and Key Levels


The price action revealed a bearish breakdown from 0.001952 to 0.001932, forming a key support level. A long lower wick in the 17:00 ET candle and a subsequent engulfing bearish pattern around 19:00 ET signaled increasing bear pressure. The 0.001923–0.001935 range appears to be forming as the next critical support cluster.

Moving Averages and Momentum


On the 5-minute chart, the 20- and 50-period moving averages have moved into bearish alignment, with price trading well below both. The 50-period MA is at 0.001944, suggesting potential resistance ahead. On the daily chart, no major crossovers are evident, though the descending trend appears to have taken hold.

The RSI has moved from overbought territory to mid-range, indicating a correction is in progress. The MACD line crossed below the signal line, confirming bearish momentum. Both indicators suggest further downward momentum is possible in the near term.

Volatility and Bollinger Bands


Volatility expanded significantly during the breakdown, with the price moving below the lower Bollinger Band for several hours. The band width widened between 18:00–20:00 ET, confirming increased uncertainty and bearish conviction. The price has since remained near the lower band, suggesting continued bearish pressure.

Volume and Turnover


Volume spiked during the breakdown at 18:30 ET, with 5,189,052 units traded. This coincided with the largest single 5-minute price drop. Turnover also surged during this period, reinforcing the strength of the move. A divergence between volume and price is not currently evident, suggesting price action and volume remain aligned.

Fibonacci Retracements


On a 5-minute chart, the price has retested the 61.8% retracement level of the recent 0.001910–0.001953 move at ~0.001932. A break below this level could see further retesting of the 78.6% level near 0.001917. On the daily chart, the 61.8% retracement of the previous range aligns closely with 0.001923, offering a potential short-term floor.

The price appears to be consolidating in a bearish channel, with Fibonacci levels reinforcing key support and resistance areas. A strong rebound above 0.001944 could signal a temporary pause, but a sustained close below 0.001932 would likely confirm further weakness. Investors should monitor for volatility contractions as a possible sign of a near-term reversal or continuation.