Here's a technical overview and trading insight for SOPH/TRY,

🧠 $SOPH /TRY Market Snapshot

Current Price: ₺2.114

USD Equivalent: ~$0.0538

24h Change: +5.96% 🔼

Category: Layer 1 / Layer 2 (New)

Momentum: Bullish and accelerating

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📊 Key Metrics

Metric Value Notes

24h High ₺2.160 Minor resistance

24h Low ₺1.930 Strong support zone

24h Volume (SOPH) 36.45M Healthy liquidity

24h Volume (TRY) ₺73.37M High interest in the TRY market

Current Trade Vol 1.64M Active participation

MA(5) 5.42M Slightly above 10-MA, showing short-term strength

🧱 Support & Resistance Levels

Type Price (TRY) Observation

Resistance ₺2.160 Daily top, possible breakout level

₺2.177 Near-term order book resistance

₺2.340–2.504 Mid-term resistance cluster

₺2.631–2.669 Long-term breakout zone

Support ₺2.013 Local support, first line of defense

₺1.930 Daily low, key level

₺1.886 Previous consolidation floor

₺1.848 Deep fallback if correction continues

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📈 Technical Outlook

Indicator Status Insight

Price Action Bullish Strong close above ₺2.10 suggests buying pressure

Volume Stable+Rising Confirms strength behind the upward move

Moving Averages Positive MA(5) > MA(10), short-term bullish confirmation

💡 Trading Strategy

✅ Bullish Setup

Entry Zone: ₺2.01–2.11 (current price area)

Breakout Buy: Above ₺2.16 (with volume confirmation)

Target 1: ₺2.34

Target 2: ₺2.50–2.66

Stop-Loss: ₺1.93 (below key support)

⚠️ Bearish Scenario

Failure at ₺2.16 or sharp volume drop

Support test likely: ₺2.01 → ₺1.93 → ₺1.88

Break below ₺1.848 = trend shift

🧭 Summary

SOPH/TRY is showing strong bullish momentum, with growing volume, steady trend, and clear levels to watch. It's currently testing near-term resistance and preparing for a potential breakout above ₺2.16.

📌 Best suited for short-term swing or momentum entry.

📉 If support at ₺2.01 fails, correction to ₺1.93 or ₺1.88 could follow.

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