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Turtle Token Eyes 10–20% Upside After Breakout and Retest Completion

Turtle (TURTLE/USDT) completed a breakout and retest from a descending wedge, signaling renewed buyer activity near $0.1017.

Key support sits at $0.09099, while resistance at $0.1095 remains the next critical test for short-term price confirmation.

The setup suggests a possible 10–20% upside move if momentum holds, targeting the $0.13–$0.17 range.

Turtle (TURTLE/USDT) seems to have recovered on long-term market pressure after a breakout and retest pattern on the 4-hour chart has been completed. The token, which is trading at present at $0.1017, has fallen by 28.7 percent during the last seven days but it is now displaying positive signs of rising out of a local low near $0.09099. The area has become a major support point, and the nearest resistance is at $0.1095, which may be the level that identifies the future of the token in the short term.

The recent decline has not deterred the breakout above the descending wedge pattern, or indicates a new interest in buying. The position that can be seen on the chart indicates a potential shift in the direction of the $0.13 to $0.17 region in case the bullish volume keeps gaining momentum. This framework combined with a completed retest is a significant technical achievement of the asset.

Key Support and Resistance Structure Emerging

Up to this point, the support level at $0.09099 has remained stable after successive weeks of loss. Noticeably, the 4-hour range reflects tightening price action, which often precedes volatility expansion in the short term. This compression phase aligns with the pattern observed before the breakout and strengthens expectations of a rebound toward the upper resistance zones.

At the same time, the $0.1095 resistance remains a crucial barrier. A confirmed close above it could potentially validate the current recovery trend. On the downside, any move below support might invalidate the bullish outlook, putting the asset back into consolidation. However, recent candles show consistent rejections from lower levels, implying that buyers are attempting to regain market control.

The token’s BTC pair trades around 0.069911 BTC, marking an 8.7% change, while its ETH pair stands at 0.00003044 ETH, reflecting a 12.9% movement. These figures highlight how the token’s performance is beginning to decouple slightly from broader market weakness.

Short-Term Upside Potential After Retest

Following the breakout, analysts have identified potential gains of 10–20% if momentum sustains in the coming sessions. The current chart setup indicates that the correction phase might be nearing completion. However, volatility remains a key factor to monitor as trading volume begins to increase again.

Furthermore, the measured move target from the wedge breakout aligns with the previously tested zones between $0.13 and $0.17, offering possible short-term objectives. With the structure now reset above local support, price stabilization around current levels could form a foundation for further recovery attempts.Overall, Turtle’s technical landscape shows renewed activity after weeks of steady decline, with a visible shift in structure that could influence its near-term trajectory.

TURTLE2.78%
BTC-2.55%
ETH-3.43%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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