$TRYUSD Holding onto a crucial support (for now)
Been watching $TRYUSD pretty closely, and it feels like we're at a bit of a crossroads. The 0.0208-0.021 psychological level, which has acted as support previously, is definitely being tested. We bounced hard off it earlier, but the retracement up to the 0.0213 mark didn't hold, and we're back hovering around 0.0212. If that 0.0208 level breaks decisively on sustained volume, then the bears might really take over, potentially looking for a retest of the lower 0.0205 region or even lower. Conversely, a strong bounce from here, perhaps with some positive news catalyst, could see us retest 0.0215-0.0217. Right now, it feels like the market is very nervous around that lower bound. My conviction isn't super high either way, just observing this key battleground.