Graphic Analysis:


• Formations: The “Head and Shoulders” formation is clearly visible on the chart. This is a strong formation that usually signals a trend reversal.


• Trend Structure: The price has entered a narrowing channel after an upward trend, indicating that the price is in a decision phase.


• Trend Lines: The support and resistance lines of the ascending channel are clearly marked. Also, the red moving average support draws attention.



Target and Prices:


• If the formation is completed, 108,000 USDT appears as the target area in the upward movement of the price.


• However, in case of a possible downward break, the first support level is around 90,000 USDT.


• In a stronger decline, the 85,000 USDT level may appear as the main support.



Support and Resistance:


• Major Resistance: 108,000 USDT.


• Intermediate Resistance: 102,000 USDT.


• Ara Support: 97,000 USDT.


• Ana Destek: 90,000 USDT.



Indicators:


• Moving Averages: The long-term moving average (probably the 200 MA) shown by the red line provides significant support.


• Volume Analysis: An increase in volume during price action is noticeable, indicating increased investor interest.



Formations and Turns:


• The Head and Shoulders formation indicates that the price may encounter resistance at the 102,000 level and enter a decision point from there.


• If the formation is completed, the upward movement may strengthen.



Trend Direction:


• In the short term, the price is in a consolidation process, but the main direction of the trend remains up.



Strategy:


1. Uptrend Strategy:


• If the price exceeds the 102,000 level with volume, buying opportunities up to the 108,000 level can be evaluated.


• Stop-loss: Positions can be closed if the price falls below the 97,000 level.


2. Fall Strategy:


• If the price breaks the 97,000 support, the 90,000 and 85,000 levels should be followed.


• Short position opportunities can be evaluated for downward movement.


3. Risk Management:


• When entering into transactions, attention should be paid to the volume and formation completion levels.


• Stop-loss level must be determined.



Clearly, the price is stuck at current levels and is ahead of a big move. Trades should be planned by paying attention to volume and price movements.