📌 $ALGO

/TRY Market Overview

Current Price: ₺6.958

USD Equivalent: ~$0.1739

24h Price Change: -1.32% (slightly bearish)

Market Sentiment: 🔻 Weak short-term momentum

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📊 24-Hour Stats

Metric Value

24h High ₺7.108

24h Low ₺6.925

24h Volume (ALGO) 1.08M ALGO

24h Volume (TRY) ₺7.55M

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🧮 Order Book / Depth Levels

Price Level Interpretation

₺7.139 Overhead resistance

₺7.128 Near-term resistance

₺7.093 Supply zone

₺7.049 Mid-range pressure

₺7.004 Micro-resistance

₺6.958 Current Price

₺6.925 24h Low, support

₺6.914 Trendline support area

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📈 Technical Indicators

Indicator Value

MA(5) 50,278.3 ALGO

MA(10) 31,429.1 ALGO

Volume Moderate

Trend Weak downtrend

Volatility Low

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🧠 Trading Strategy Ideas

🔁 Range Scalping

Buy Zone: ₺6.90 – ₺6.92

Sell Zone: ₺7.09 – ₺7.13

Stop-Loss: Below ₺6.88

Risk/Reward: Balanced (1.8:1)

🚨 Breakout Watch

Breakout Trigger: Close above ₺7.14 with volume

Target Levels: ₺7.30 – ₺7.45

Confirmation Needed: Surge in volume + RSI divergence

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✅ Summary

ALGO is hovering near its 24h low, showing weak buying interest.

A bounce from ₺6.92 is possible if volume picks up.

Breakout traders should wait for a clear push above ₺7.14 before entering long.

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