Turbo Memecoin Elliott Wave Price Update: Understanding the Bullish and Bearish Scenarios

AI-generated source summary

The analysis focuses on the Turbo chart, noting a pullback to the support area at the 61.8% Fibonacci retracement. It highlights a five-wave move up from the April low, followed by a three-wave move down. The most bullish scenario involves an A-wave up, a B-wave down, and three waves up in wave one of C. Key support is identified at 0.0035, which is the last key support for wave 2. The analyst suggests that if wave three has bottomed, the next target is 0.013. A key level is identified at 0.00527 which bulls have to drive to set stage for rally to next resistance at 0.0069. Deeper pullbacks should be expected when dealing with diagonal structures. It is important that the bulls drive the price above 0.00527 to rally to the resistance around 0.0069, based on the swing high from July 14th.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   11 Aug 2025, 01:00 UTC

   The analyst published the original source item.

2. First prediction resolved

   22 Sept 2025, 06:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Case evaluation completed

   22 Sept 2025, 06:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

5. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.