📊 $SLF

/TRY Market Overview

Current Price: ₺3.08

USD Equivalent: ~$0.0766

24h Change: -6.10% 🔻 (Moderate bearish pressure)

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🔄 24-Hour Price Range

24h High: ₺3.40

24h Low: ₺2.96

Current Position: Slight recovery above the daily low, but still under pressure

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📉 Volume & Moving Averages

24h Vol (SLF): 58.91M

24h Vol (TRY): ₺182.10M

Latest Vol: 380,047.5

MA(5): 1.54M

MA(10): 2.13M

> 🔍 Trading volume is significantly lower than both MA(5) and MA(10) → suggests weak buying momentum, possible exhaustion.

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📚 Order Book & Depth Analysis

🔼 Resistance Levels

₺3.25 – Minor resistance

₺3.40 – Intraday high

₺3.61 – Short-term breakout point

₺3.80 – Major resistance zone

🔽 Support Levels

₺2.96 – Daily low, immediate support

₺2.93 – Lower book support

₺2.88 – Possible support if breakdown continues

> 📉 Price is currently sandwiched between weak support and moderate resistance, indicating indecision.

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🧭 Technical Summary

Bearish Bias in the short term

Sharp drop (~6%) today suggests traders are risk-off

Low volume relative to MAs → market participants are not actively trading the drop

Holding above ₺2.96 is key for a base to form

Breach below ₺2.93 could open doors to ₺2.88–₂.80

🔁 Strategy Scenarios

🐂 Bullish (Recovery Play)

Entry: Close above ₺3.25

Target: ₺3.40 → ₺3.61

Stop: Below ₺2.96

🐻 Bearish (Breakdown Play)

Entry: Break below ₺2.93

Target: ₺2.88 → ₺2.75

Stop: Above ₺3.25

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📝 Conclusion

SLF/TRY is trending bearish with low support from traders. If the ₺2.93 level breaks, more downside is likely. On the upside, the bulls must reclaim ₺3.25 to signal any real recovery.

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