📊
$SLF /TRY Market Overview
Current Price: ₺3.08
USD Equivalent: ~$0.0766
24h Change: -6.10% 🔻 (Moderate bearish pressure)
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🔄 24-Hour Price Range
24h High: ₺3.40
24h Low: ₺2.96
Current Position: Slight recovery above the daily low, but still under pressure
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📉 Volume & Moving Averages
24h Vol (SLF): 58.91M
24h Vol (TRY): ₺182.10M
Latest Vol: 380,047.5
MA(5): 1.54M
MA(10): 2.13M
> 🔍 Trading volume is significantly lower than both MA(5) and MA(10) → suggests weak buying momentum, possible exhaustion.
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📚 Order Book & Depth Analysis
🔼 Resistance Levels
₺3.25 – Minor resistance
₺3.40 – Intraday high
₺3.61 – Short-term breakout point
₺3.80 – Major resistance zone
🔽 Support Levels
₺2.96 – Daily low, immediate support
₺2.93 – Lower book support
₺2.88 – Possible support if breakdown continues
> 📉 Price is currently sandwiched between weak support and moderate resistance, indicating indecision.
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🧭 Technical Summary
Bearish Bias in the short term
Sharp drop (~6%) today suggests traders are risk-off
Low volume relative to MAs → market participants are not actively trading the drop
Holding above ₺2.96 is key for a base to form
Breach below ₺2.93 could open doors to ₺2.88–₂.80
🔁 Strategy Scenarios
🐂 Bullish (Recovery Play)
Entry: Close above ₺3.25
Target: ₺3.40 → ₺3.61
Stop: Below ₺2.96
🐻 Bearish (Breakdown Play)
Entry: Break below ₺2.93
Target: ₺2.88 → ₺2.75
Stop: Above ₺3.25
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📝 Conclusion
SLF/TRY is trending bearish with low support from traders. If the ₺2.93 level breaks, more downside is likely. On the upside, the bulls must reclaim ₺3.25 to signal any real recovery.
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