Here's a ๐ technical snapshot and trade insight for $NEWT /TRY (Newt vs Turkish Lira):
๐งพ NEWT/TRY Market Overview
Metric Value
๐ฐ Current Price โบ15.93
๐ 24h High โบ16.26
๐ 24h Low โบ14.98
๐ 24h Volume (NEWT) 7.47M
๐ต 24h Volume (TRY) โบ116.51M
INR Equivalent โน111.25 (+5.01%) ๐ฅ
๐ Price Levels
Type Price Points (โบ)
๐บ Resistance 16.61 โ 17.26 โ 17.76 โ 17.91
๐น Current โบ15.93
๐ป Support 15.30 โ 14.80 โ 14.65
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๐ Indicators & Momentum
Indicator Value Meaning
๐ Volume 233,073.0 Low, could mean weak momentum
๐งฎ MA(5) 423,535.0 Price below short-term average
๐งฎ MA(10) 414,386.7 Still under medium-term average
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โฑ๏ธ Timeframe Trend Outlook
Timeframe Trend Comment
๐ 15m ๐ Sideways Slight bounce after dip
๐ 1h ๐ข Bullish Recovery starting above โบ15.5
โฐ 4h ๐ข Bullish Looking to retest resistance
๐ 1D โ ๏ธ Neutral Needs strong candle above โบ16.3
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โ๏ธ Trade Scenarios
๐ข Bullish Setup
Entry: โบ15.70 โ โบ15.95
Targets: โบ16.61 โ โบ17.26
Stop Loss: โบ14.75
Why: Price near upper support with upward momentum starting, could retest highs if volume increases.
๐ด Bearish Setup
Entry: Below โบ15.30
Targets: โบ14.80 โ โบ14.65
Stop Loss: โบ16.20
Why: A breakdown from โบ15.30 could trigger sell-offs toward recent lows.
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โ Summary
NEWT/TRY is showing early signs of bullish reversal after bouncing off โบ14.98 support. Momentum is gradually recovering, but volume is still light โ ๏ธ. A breakout above โบ16.26 could open the door to โบ17+. Watch price action closely around โบ16โ16.3 for confirmation. ๐
Want me to provide an updated chart or short-term alert zones? ๐ฒ
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