Turbo bulls had a massive run on Thursday and they seem ready to extend the trend into the weekend. Can they pull it off?decoupled from the broader market and rallied on Thursday. Jumping on the trend, Turbo Crypto, an AI-inspired and frog-themed meme, also surged by over 40% and broke above its recent price consolidation range.
The memecoin broke above the range during Thursday’s rally, effectively flipping the market structure to bullish. However, despite a slight tapering of upswing momentum at press time, bulls still had the market leverage. Sidelined bulls could wait for a retest on the 50% or 61.8% Fib levels for re-entry positions, with bullish targets at 38.6% or 23.6% Fib levels based on risk profile.
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