🌊
$RAY /TRY
📈 Price Snapshot
Current Price: ₺83.72
24h Change: -5.38%
USD Equivalent: ≈ $2.10
24h High: ₺89.79
24h Low: ₺83.72 (currently at day’s low – bearish signal)
This reflects strong downward momentum with price at intraday support.
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📊 Volume & Moving Averages
24h Vol (RAY): 102,610.70
24h Vol (TRY): ₺8.91M
Recent Trade Volume: 130.8
MA(5): 1,939.5
MA(10): 1,944.7
🔍 Insight:
Trade volume has sharply declined, suggesting momentum exhaustion or indecision.
Price now below both MA(5) and MA(10) – typically bearish short-term signal.
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📉 Order Book Depth & Key Price Levels
🔼 Resistance:
₺86.05 → ₺88.16 → ₺89.79 → ₺90.27
These levels form a clear resistance band, likely to cap rebounds without strong buying interest.
🔽 Support:
₺83.72 (current level & daily low)
₺81.84
₺80.21
₺79.73
⚠️ A loss of ₺83.72 on volume could quickly send price to test the ₺80–₺79 range.
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⚔️ Trade Setups
🟥 Bearish Scenario – Breakdown Play
Trigger: Clear drop below ₺83.70 with spike in volume
Entry: ₺83.50–₺82.90
Targets: ₺81.84 → ₺80.20
Stop: ₺85.50
Notes: Sell into weakness as RAY fails to hold daily support.
🟩 Bullish Scenario – Oversold Reversal
Trigger: Strong bounce from ₺83.70 + volume > 1,000
Entry: ₺84.00–₺85.00
Targets: ₺86.00 → ₺88.00
Stop: ₺82.00
Notes: Play for short-term relief rally, but scale out near resistance.
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🧠 Summary
RAY/TRY is sitting at daily support after steep drop.
Lack of volume and price at low suggests bearish continuation is more likely.
Traders should monitor volume reaction around ₺83.70 — that’s the battleground.
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