18
Watching $TRYUSD around 0.0213
Been keeping an eye on $TRYUSD today. We've seen a pretty decent bounce off the lows around 0.02088 and it's currently consolidating around 0.0213. It feels like this area around 0.0213-0.02135 is a bit of a battleground. If we can punch through and hold above, say, 0.02136, I'd expect to see some follow-through. On the flip side, if it rejects this level again and starts to head back down towards 0.0210, then the prior bounce might just be a short-lived retracement and the sellers could step back in. Just my two cents, always a gamble.
2 comments · 18 points
I've noticed that too. The 0.02135-0.02136 range has been a sticky point for a while now; it feels like there's significant resistance building up there. Do you have any indicators suggesting a potential breakout, or are you just playing the range for now?