Here's a comprehensive technical breakdown and market outlook for SPK/TRY
๐ $SPK /TRY Market Summary
๐ฐ Current Price
Last Price: โบ1.8252
USD Equivalent: ~$0.0461
24h Change: -8.01% ๐ป
Sector: DeFi / New Listing
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๐ Price Range (Volatility Zone)
Metric Value
24h High โบ2.0184
24h Low โบ1.7964
Price Range ~11.0% swing (highly volatile)
๐งจ Price is near the 24h low, suggesting sustained selling pressure or potential support test.
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๐ Volume & Activity
Metric Value
24h Vol (SPK) 146.44M SPK
24h Vol (TRY) โบ278.25M
Current Session Vol 744,802 SPK
MA(5) 4.94M SPK
MA(10) 5.72M SPK
๐ Current volume is significantly below short-term moving averages โ declining participation = caution.
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๐ Order Book Depth (Support/Resistance Levels)
Resistance Levels
โบ2.1280 โ Near-term cap
โบ2.2476 โ Mid-term barrier
โบ2.3400โ2.3672 โ Strong resistance zone
Support Levels
โบ1.8252 โ Immediate support (current price)
โบ1.7964 โ Dayโs low
โบ1.7692 โ Last defense support
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๐ง Technical View
Indicator Status
Trend ๐ป Bearish short-term
Momentum Weakening (down 8%)
Volume Behavior ๐ฝ Below average
Volatility Elevated (high range)
Support Threat โบ1.7964 in danger
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โ ๏ธ Outlook & Trade Notes
๐ฅ Bearish Bias
Trend Pressure: Price broke below key โบ1.8888 level โ accelerating downside.
Low Volume: Indicates weak dip-buying interest.
โ Bullish Opportunities (Reversal Conditions)
Price must recover and close above โบ1.8888 with vol > 1.5M SPK to signal buyer comeback.
Watch for bounce at โบ1.7964โโบ1.7692 as a possible short-term long entry zone.
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๐ Summary Table
Signal Status
Trend ๐ป Bearish
Momentum โ Weak
Support Threat โ ๏ธ Yes (โบ1.7964)
Reversal Trigger ๐ข Break > โบ1.8888
Risk Level โ ๏ธ High
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Would you like:
A trade setup (long or short)?
A comparative view with SPK/USDT?
A candlestick interpretation for the 4h or daily chart?
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