TURBO Impulse Followed by Healthy Retracement

TURBO printed a strong impulsive move to the upside after a base formation, clearly shifting short-term momentum bullish. Following this expansion, price entered a corrective phase and is now retracing into a well-defined demand zone aligned with Fibonacci retracement levels.

This pullback is so far constructive rather than bearish. As long as price holds above the highlighted demand region, the structure supports continuation toward the previous high and potentially into the upper resistance zone near zero point zero zero two two.

If the demand zone fails to hold, the retracement could extend deeper toward the lower support area around zero point zero zero one six, delaying continuation and resetting structure.

This setup is based on impulse and retracement behavior, demand reaction, and Fibonacci confluence. Confirmation from the demand zone will determine the next directional leg.