Here's a comprehensive breakdown of the $BEL
/TRY market data:
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📊 BEL/TRY Market Overview
Current Price: ₺11.70
USD Equivalent: $0.2983
24h Change: +4.65% (Moderately bullish)
Category: DeFi
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🕒 24h Trading Summary
24h High: ₺12.80
24h Low: ₺11.15
24h Volume (BEL): 9.96M BEL
24h Volume (TRY): ₺120.60M
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📈 Order Book Depth (Key Levels)
Resistance Levels:
₺12.90 (Major resistance)
₺12.80
₺12.46
₺12.03
Current Price: ₺11.70
Support Levels:
₺11.59
₺11.16
₺10.82
₺10.72
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📉 Technical Indicators
Volume (Current Candle): 49,348.48
MA (5-period): 94,195.95
MA (10-period): 130,982.84
The decline in MA(10) vs MA(5) implies recent selling pressure has slightly eased, aligning with the 4.65% rebound.
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🧠 Market Sentiment & Interpretation
BEL/TRY shows signs of recovery from recent lows.
The price bounced from ₺11.15 (support) and is approaching resistance near ₺12.03–₺12.46.
A clean break above ₺12.80 could signal a stronger trend reversal.
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📌 Trading Strategy Insight
Bullish Bias:
Breakout entry above ₺12.46, target ₺12.90+
Stop-loss: below ₺11.50
Bearish Risk:
Failure to hold ₺11.59 may retest ₺11.15 or even ₺10.82
Neutral Zone:
Between ₺11.70–₺12.03 → potential consolidation
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Would you like to see BEL compared with other DeFi tokens, or a prediction for its movement in USD terms?
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