On the 30-minute time frame, $TURBO is clearly trending downward, marked by a dominance of sellers. The break followed by a retest of the support confirms this level as a new resistance zone, where sellers consistently regain control.
The moving average located above the price reinforces this bias, reflecting persistent selling pressure and the buyers' inability to reverse the market structure. The break followed by the retest of the ascending triangle from below validates the failure of the buyers and the continuation of seller control.
The RSI below 50 confirms negative momentum, indicating that sellers maintain the advantage and that rebound attempts remain purely corrective.
The technical context thus favors a downward continuation, as long as buyers do not manage to re-enter key technical levels.
