Market Overview for 1000*Simon's Cat/Turkish Lira (1000CATTRY) — 24-Hour Analysis

Summary
• The pair traded in a tight range before surging to 0.188, showing strong bullish momentum in the final hours.
• High volatility observed in the last candle, with volume increasing sharply as price approached the high of the day.
• A potential resistance zone formed near 0.188, while support appears near 0.172.

The 1000*Simon's Cat/Turkish Lira pair (1000CATTRY) opened at 0.170 on 2025-11-06 at 12:00 ET and reached a high of 0.188 before closing at 0.187 at 12:00 ET on 2025-11-07. The 24-hour trading range extended between 0.169 and 0.188, with total volume of 14.7 million and turnover of approximately 2.65 billion Turkish Lira.

On the 15-minute chart, the price action formed a clear ascending pattern with a strong bullish breakout in the last 4.5 hours. The candle at 08:15 ET recorded the highest high of the day at 0.188, indicating a key resistance level. A bearish correction followed, but the 0.186–0.187 level appears to have absorbed the selling pressure, suggesting a strong internal structure.

A 20-period EMA is currently rising through the 50-period EMA on the 15-minute chart, indicating bullish momentum. The MACD remains positive, with a narrow histogram suggesting a potential pullback. RSI is at 68, close to overbought territory but not yet triggering a sell signal. Bollinger Bands have expanded in the final hours, indicating increased volatility.

Fibonacci retracement levels on the 15-minute swing (0.169–0.188) suggest 0.182 (38.2%) and 0.176 (61.8%) as key potential support and resistance areas. Price currently rests near the 23.6% retracement level of 0.184, which could act as a near-term pivot.

The market appears to be consolidating after a sharp upswing, with high volume reinforcing the breakout above 0.186. The next 24 hours may see renewed testing of the 0.188 high, with a risk of a pullback to 0.182 if selling pressure returns. Investors should remain cautious of potential volatility spikes.

The backtest strategy requires RSI overbought readings (typically RSI > 70 on a 14-period basis) to generate sell signals. With 1000CATTRY approaching overbought conditions and a strong short-term upswing in place, RSI-based backtesting could provide valuable insights into the sustainability of the move. However, the lack of recognized market data for 1000CATTRY limits the feasibility of the backtest. To proceed, please confirm the exact ticker symbol and RSI threshold to be used for signal generation.