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🔥🚀📉IO/TRY TECHNICAL ANALYSIS :
1. Support and Resistance:
- Support: The price level at which buying interest is strong enough to prevent further decline. In this case, ₺48.67 TRY appears to be a support level.
- Resistance: The price level where selling pressure prevents further upward movement. Here, ₺66.07 TRY acts as resistance.
2. Entry Strategy:
- Long Position (Buy): Consider entering when the price breaks above the resistance (₺66.07 TRY). Confirm with increasing volume for a bullish signal.
- Short Position (Sell): Look for a breakdown below support (₺48.67 TRY) with high volume for a bearish entry.
3. Current and Previous Values:
- Current Price: ₺58.71 TRY
- Previous High: ₺66.07 TRY
- Previous Low: ₺48.67 TRY
:Remember, trading involves risk, so always use proper risk management and additional analysis. Good luck! 🚀