$STRAX

/TRY Market Snapshot

Metric Value

Last Price ₺1.881 🔼 (+4.04%)

24h High / Low ₺2.111 / ₺1.800

24h Volume (STRAX) 48.95M STRAX

24h Volume (TRY) ₺95.03M

Current Volume 612,580

MA(5) / MA(10) 1,576,751 / 4,244,273

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📈 Technical Overview

📊 Moderate Bullish Bias

Price recovering from ₺1.80 low; showing a bounce off support.

MA(5) is rising, but MA(10) is much higher → still recovering from a recent decline.

Volume decreasing from previous average → needs confirmation on breakout.

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🔑 Key Levels

Level Type Price (TRY) Notes

Resistance 1 ₺2.11 24h high – major supply zone

Resistance 2 ₺2.13 Depth resistance

Support 1 ₺1.80 Strong intraday support

Support 2 ₺1.75 Previous base from chart structure

Support 3 ₺1.69 (historical) Key breakdown level if sentiment worsens

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📉 Price Action Summary

Recent move from ₺1.80 → ₺1.88 = 4.4% bounce

Price consolidating below ₺1.90 – possible flag formation before continuation

Failure to reclaim ₺1.98–2.05 zone could indicate range-bound or fading rally

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🧪 Trade Setups

🟢 Breakout Trade

Entry: On breakout above ₺2.13 with volume surge

Target: ₺2.22 → ₺2.30

Stop Loss: Below ₺1.98

Condition: Confirm breakout with 15m or 1h candle close above ₺2.13

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🔁 Range Strategy

Buy Range: ₺1.75 – ₺1.80

Sell Range: ₺2.05 – ₺2.11

Stop Loss: Below ₺1.69

Use: If price consolidates and no breakout is confirmed

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🔻 Bearish Scenario

Breakdown Level: Below ₺1.75

Target: ₺1.68 → ₺1.60

Stop Loss: Above ₺1.83

Trigger: Drop in BTC or STRAX-specific news/funding flip

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📌 Quick Summary

Factor Status

Trend ⚠️ Recovery Mode

Momentum 🔄 Rebuilding

Volume 🔽 Lower than avg (watch)

Bias 🔼 Mildly Bullish

Volatility 📈 Moderate

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