Hereโs a technical overview and trading insight for $THE
/TRY
๐ช THE/TRY Market Overview
๐ Current Price: โบ23.137
๐น Change: +83.51% (Massive intraday surge)
๐ฐ TRY Equivalent: ~Rs163.7
๐บ 24h High: โบ25.379
๐ป 24h Low: โบ12.358
๐ 24h Volume (THE): 68.82M
๐ธ 24h Volume (TRY): โบ1.27B
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๐ Volume & Moving Averages
MA(5): 1,057,771.1
MA(10): 1,945,779.9
๐ MA(5) < MA(10): This is common during rapid moves โ momentum hasnโt yet normalized.
โ ๏ธ Note: Such a high price gain (+83.5%) often triggers profit-taking or short-term volatility.
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๐ Depth & Support/Resistance Levels
๐ผ Resistance Levels:
โบ25.379 โ Local top and major resistance.
โบ25.871 โ Next upside resistance if breakout continues.
๐ฝ Support Levels:
โบ23.137 โ Current price (short-term pivot level).
โบ21.547 โ Support level within consolidation.
โบ19.385 โ Key psychological & technical support.
โบ15.061 โ Strong historical support and 24h bounce origin.
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๐ Trend & Sentiment Analysis
Trend: Explosive bullish trend, now approaching overbought territory.
Sentiment: Extremely bullish, fueled by DeFi gainer interest.
Volatility: Very high โ significant price swings likely.
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โ๏ธ Potential Trade Ideas (Not Financial Advice)
๐ข Momentum Continuation
Buy Entry: On breakout above โบ25.40
Take Profit: โบ27.00โโบ28.00
Stop-Loss: โบ23.00
๐ด Retracement Entry
Buy Zone: โบ19.50โโบ21.50 (pullback area)
Target: โบ24.50โโบ25.30
Stop-Loss: โบ18.00
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๐ Summary
THE/TRY has shown a dramatic surge and is trading near the top of its daily range.
A breakout above โบ25.40 could trigger continuation, but risk of a pullback is growing.
Watch the โบ21.50โโบ19.50 zone as a possible dip-buy region.
Would you like a trading chart or breakdown for 15m / 1h timeframes to refine entries?
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