Here's a comprehensive technical breakdown and market outlook for SPK/TRY

🟠 $SPK /TRY Market Summary

💰 Current Price

Last Price: â‚ș1.8252

USD Equivalent: ~$0.0461

24h Change: -8.01% đŸ”»

Sector: DeFi / New Listing

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📉 Price Range (Volatility Zone)

Metric Value

24h High â‚ș2.0184

24h Low â‚ș1.7964

Price Range ~11.0% swing (highly volatile)

🧹 Price is near the 24h low, suggesting sustained selling pressure or potential support test.

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🔁 Volume & Activity

Metric Value

24h Vol (SPK) 146.44M SPK

24h Vol (TRY) â‚ș278.25M

Current Session Vol 744,802 SPK

MA(5) 4.94M SPK

MA(10) 5.72M SPK

📉 Current volume is significantly below short-term moving averages → declining participation = caution.

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📊 Order Book Depth (Support/Resistance Levels)

Resistance Levels

â‚ș2.1280 – Near-term cap

â‚ș2.2476 – Mid-term barrier

â‚ș2.3400–2.3672 – Strong resistance zone

Support Levels

â‚ș1.8252 – Immediate support (current price)

â‚ș1.7964 – Day’s low

â‚ș1.7692 – Last defense support

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🧠 Technical View

Indicator Status

Trend đŸ”» Bearish short-term

Momentum Weakening (down 8%)

Volume Behavior đŸ”œ Below average

Volatility Elevated (high range)

Support Threat â‚ș1.7964 in danger

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⚠ Outlook & Trade Notes

đŸŸ„ Bearish Bias

Trend Pressure: Price broke below key â‚ș1.8888 level → accelerating downside.

Low Volume: Indicates weak dip-buying interest.

✅ Bullish Opportunities (Reversal Conditions)

Price must recover and close above â‚ș1.8888 with vol > 1.5M SPK to signal buyer comeback.

Watch for bounce at â‚ș1.7964–â‚ș1.7692 as a possible short-term long entry zone.

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📌 Summary Table

Signal Status

Trend đŸ”» Bearish

Momentum ❌ Weak

Support Threat ⚠ Yes (â‚ș1.7964)

Reversal Trigger 🟱 Break > â‚ș1.8888

Risk Level ⚠ High

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