Here's a detailed technical overview and short-term trade insight for $RARE

/TRY:

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📊 RARE/TRY Snapshot

📌 Current Price: ₺2.040

💲 USD Equivalent: ~$0.0510

📈 Daily Change: +3.55% 🔼

Market Sentiment: Mild Bullish with moderate recovery signals

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⏱ 24-Hour Trading Data

Metric Value

24h High ₺2.224

24h Low ₺1.944

24h Volume (RARE) 34.25M RARE

24h Volume (TRY) ₺72.13M

📈 Price rebounded from 1.944 to 2.224, showing a 3.55% gain.

Movement appears orderly, with gradual volume rise.

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🔁 Volume & Moving Averages

MA Period Volume (RARE) Interpretation

MA(5) 6.49M Strong liquidity

MA(10) 3.31M Growing demand trend

Current Vol 8.45M Surging interest

📊 Momentum is increasing, with volume significantly higher than average, signaling potential continuation.

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🔍 Depth & Support/Resistance

Price (₺) Level Interpretation

2.239 Resistance Breakout barrier

2.224 24h High Resistance zone

2.040 📌 Current Price -

1.992 Minor Support Soft entry zone

1.944 24h Low Strong support

1.930 Historical support Risk zone

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📉 Technical Summary

Trend: Mild bullish, breakout potential

Momentum: Improving, backed by rising volume

Risk Level: ⚠️ Medium (tight trading range with some volatility)

Breakout Trigger: ₺2.24

Buy Zone: ₺1.95 – 2.05

Profit Zone: ₺2.20 – 2.30

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📌 Suggested Trading Strategy (Short-Term)

Action Price Range

Buy Zone ₺1.98 – 2.05

Target 1 ₺2.20

Target 2 ₺2.28 – 2.35

Stop Loss ₺1.92

⏳ If price breaks and closes above ₺2.24, expect a continuation toward ₺2.35+.

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📈 Quick Technical Outlook

MACD and volume spikes suggest early accumulation.

If support at ₺1.98 holds, a retest of ₺2.22–2.24 is highly likely.

If volume sustains, ₺2.30 could be tested within 24–48 hours.

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