Market Overview: Polymesh/Turkish Lira (POLYXTRY)

Summary
• Price traded between 2.42 and 2.49, with consolidation near 2.46–2.47.
• A sharp volume spike confirmed a 2.42 support break during the overnight session.
• RSI indicates oversold conditions, suggesting potential for a near-term bounce.
• Bollinger Bands show moderate volatility with price near the lower band.

Overview

At 12:00 ET–1 on December 13, 2025, POLYXTRY opened at 2.47, reached a high of 2.49, and a low of 2.42, closing at 2.42 by 12:00 ET on December 14. Total traded volume was 30,755.1 units, with a turnover of approximately 75,544.63 Turkish Lira.

Structure & Moving Averages

On the 5-minute chart, price action shows a key support cluster around 2.42 and 2.44, with resistance forming at 2.47–2.49. A 20-period MA sits at 2.45, above the 50-period MA at 2.44, suggesting a slight bearish bias in short-term momentum. Daily MAs (50, 100, 200) are not currently available for this timeframe.

Momentum & Indicators

MACD crossed into negative territory overnight, indicating weakening bullish momentum. The RSI stands at 32, signaling potential oversold conditions, which could encourage a rebound. However, the price has yet to show a convincing reversal pattern.

Volatility and Volume

Bollinger Bands show a moderate width, with the price trading near the lower band during the late night and early morning, suggesting a period of low volatility. A large volume spike occurred at 04:15 AM ET, confirming a break below 2.46. The 24-hour volume was concentrated during the overnight session, with little follow-through buying during market hours.

Fibonacci Levels

A recent 5-minute swing from 2.49 to 2.42 identifies key Fibonacci levels at 2.47 (38.2%) and 2.45 (61.8%). Price appears to have stalled near 2.46, which could act as a potential pivot point.

Polymesh/Turkish Lira may find a short-term bounce from the 2.42–2.44 range, but buyers may struggle to reclaim 2.46 without higher volume confirmation. Traders should remain cautious of bearish momentum in the near term.