Turbo Token ($TURBO) is making headlines after a sharp 43.27% jump in just one day, reaching a price of $0.006331. The rally pushed the memecoin past a key resistance zone around $0.005000—a level last tested in May—signalling strong bullish momentum in the short term.
Trading volume also surged, with over 8.21 billion tokens exchanged in the past 24 hours, pushing total volume to $541.9 million—an astonishing 904% increase. The size of the breakout candle is among the largest seen in recent weeks, suggesting growing market confidence and renewed investor interest in memecoins.
The increased activity is contributing to noticeable volatility. Analysts note that both short- and long-term holders may take profits if market uncertainty grows, potentially triggering sharp price swings.
From a technical standpoint, the next resistance levels to watch are $0.008000 and $0.009800. A move above these levels could open the door for a run toward $0.011500.
However, if bearish pressure returns, the token might pull back to $0.005000—or even to lower support zones at $0.004700 and $0.003100.
With such sharp movement and surging interest, all eyes are on whether Turbo can consolidate its gains or if a correction is on the horizon.
