Turbo, are we due a big drop and consolidation?

At the moment, space is the limit for Turbo, with the little astronautical toad taking the meme world by storm. I bought Turbo through late January, resulting in an average cost basis of $0.00028. Today I took some nice profits (after all it's a meme coin) when it hit roughly 30x... however I am keeping 60% of my bag in the hopes that it could go even further in the bull run. It certainly looks like a $0.10 token, especially with it massively out-performing the market for almost an entire month. Some commentators looking at meme performance in the last cycle think $1 is easily achievable for Turbo, representing roughly a 100x from here. This my not be that ridiculous if we start to see Tier 1 exchanges listing the coin (although expect a big post-listing dump first).

It looks like we may be due a correction for now, after a massive parabolic movement and with it being overbought for a while on multiple time frames (although on the weekly it hasn't crossed over yet on the stochastic). Long-term, it may be healthy if we do. With it being very over-stretched, it may come down rapidly or it could take around two months to make a deep retracement to the 0.786, which seems to be the pattern in previous bullish movements. It is also important to note that Turbo is a unique meme coin, with a very small supply, a doxxed creator and an impressive fair launch compared to many tokens. This may mean the price action could be relatively unique and organic. Therefore, it may just keep pumping past 0.01, in the absence of centralisation (beyond the creator) and market makers.