technical overview and trade analysis for $SOPH /TRY:

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🪙 SOPH/TRY — ₺1.457

Change: ▲ +13.12%

Category: Layer 1 / Layer 2 (New)

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📊 24-Hour Summary

Metric Value

Current Price ₺1.457

24h High ₺1.476

24h Low ₺1.251

24h Volume (SOPH) 26.89M

24h Volume (TRY) ₺36.61M

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📈 Technical Indicators

Indicator Value Signal

MA(5) 397,426 ⚠️ Price near short MA — bullish momentum

MA(10) 651,375 ⚠️ Moderate upward trend, watch for consolidation

🔹 Interpretation:

MA(5) < MA(10) in volume terms indicates increasing trader interest but may face near-term pullback risk unless buying continues.

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📉 Support & Resistance Levels

Resistance Support

₺1.476 (24h high) ₺1.399

₺1.486 (order wall) ₺1.356

— ₺1.312

— ₺1.251 (24h low)

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🧭 Trade Strategy

Strategy Entry Zone Stop Loss Take Profit Zone

Breakout Buy ₺1.46 – ₺1.48 ₺1.39 ₺1.58 – ₺1.65

Dip Buy ₺1.35 – ₺1.40 ₺1.25 ₺1.45 – ₺1.47

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⚖️ Trend Outlook

Term Signal

Short-Term ✅ Bullish

Momentum ✅ Strong (13% gain)

Risk Level Moderate — close to resistance zone (₺1.476–1.486)

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✅ Conclusion

SOPH/TRY shows strong short-term bullishness, up over 13%, and approaching resistance at ₺1.48. If it breaks this zone with volume, a rally to ₺1.60+ is possible. However, caution is warranted near highs — a pullback to ₺1.35–₺1.40 could offer a better risk-reward entry.

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