$SPK /TRY
SPK/TRY Market Overview
Current Price: 2.8288 TRY (~Rs19.41)
24h Change: +7.05% — bullish momentum
24h High: 2.8620 TRY
24h Low: 2.6213 TRY
24h Volume:
SPK: 33.33M
TRY: 90.59M
Price Trend & Key Levels
Support Levels:
2.6213 TRY (24h low)
2.2850 TRY (historical support)
Resistance Levels:
2.8620 TRY (24h high)
3.3957 TRY (historical resistance)
Recent Price Action:
Price is trading near the lower-middle range of its recent high-low span, showing upward movement from the 24h low.
Short-term moving averages (MA/EMA) indicate positive momentum.
Technical Indicators
MACD: Shows bullish crossover (momentum favoring buyers).
Bollinger Bands: Current price approaching upper band — potential minor resistance or short-term pullback.
SAR (Stop & Reverse): Below price — confirms uptrend.
Volume Distribution:
Buy Orders: 43.54%
Sell Orders: 56.46% — slightly higher selling pressure, watch for pullbacks.
Order Book & Trades Insight
Bid-Ask Spread: Tight, showing decent liquidity (0.0001 TRY).
Recent Trades: Price is consolidating between 2.8288–2.8364 TRY — short-term stability before potential breakout.
Analysis Summary
SPK/TRY is in a short-term bullish trend but facing resistance near 2.8620–3.3957 TRY.
Strong support at 2.6213 TRY provides a safety net for buyers.
Momentum indicators favor continuation, but moderate selling pressure suggests minor pullbacks are possible.
Trading Strategy Suggestion:
Short-term buyers: Consider entering near 2.830–2.850 TRY with stop-loss below 2.621 TRY.
Momentum traders: Watch for a breakout above 2.862 TRY to confirm stronger upward trend.
If you want, I can also plot a mini technical chart with MA, EMA, Bollinger Bands, and SAR for SPK/TRY to visualize these levels and trends clearly. Do you want me to do that?
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