🪙 $OP
/TRY (Optimism)
📉 Price Overview
Current Price: ₺21.98
USD Equivalent: ≈ $0.5518
24h Change: -5.30% (Bearish)
24h High: ₺23.38
24h Low: ₺21.97
🔻 Trading at the daily low, signaling persistent downward pressure.
---
📊 Volume & Averages
24h Volume (OP): 420,179.8
24h Volume (TRY): ₺9.58M
Current Volume: 34,839.05
MA(5): 69,634.45
MA(10): 96,920.24
📌 Volume is down, and both short-term moving averages are declining — suggesting selling momentum is dominant, and bulls are largely inactive.
---
📉 Order Book Depth & Key Levels
🔼 Resistance:
₺22.38 → ₺23.22 → ₺24.07 → ₺24.72
Resistance is stacked every ~₺1, so any bounce will face headwinds.
🔽 Support:
₺21.53 → ₺20.88 → ₺20.68
A break below ₺21.97 (daily low) likely accelerates selling toward ₺20.50 area.
---
⚔️ Trade Scenarios
🟥 Bearish Breakdown
Entry: Below ₺21.90
Targets: ₺21.50 → ₺20.68
Stop: ₺22.50
Bias: ✅ Trend-aligned
Notes: Thin liquidity beneath current levels could result in fast downside wick.
🟩 Short-Term Bounce Trade
Entry: ₺21.95–22.00 (oversold bounce)
Targets: ₺22.60 → ₺23.20
Stop: ₺21.50
Bias: Counter-trend, riskier
Notes: Only valid if volume spikes and price holds above support for 2–3 candles.
---
🔎 Outlook Summary
📉 Bearish in both structure and momentum
⚠️ Needs a strong catalyst or BTC recovery for trend reversal
Traders should watch for volatility expansion, especially if volume crosses above MA(10)