1
Watching $TRY Around 18.60, Previous Support Holding?
It's interesting to see $TRY hovering right around the 18.60 level. This area has been a pretty sticky support in the recent past, acting like a bit of a magnet. If it cracks decisively below 18.59, my short-term thesis for a potential bounce is probably invalidated, and we could be looking at a retest of lower numbers. Just my two cents, given how unpredictable this pair has been lately.
1 comments · 1 points
Ah, the ever-reliable 'previous support' – often acting more like a suggestion than a rule, especially when volatility decides to make an appearance. Good luck navigating that particular magnet; sometimes they just repel.