Market Overview for Polymesh/Turkish Lira (POLYXTRY) - November 10, 2025

Summary
• Polymesh/Turkish Lira opened at 3.31 and reached a high of 3.40 in a 24-hour period.
• Price consolidation occurred for most of the session, followed by a late buying spike.
• Turnover remained low throughout, with only a few volume surges.

The 24-hour trading session for Polymesh/Turkish Lira (POLYXTRY) began at 3.31 and closed at 3.40 at 12:00 ET on November 10, 2025, with an intraday high of 3.40 and a low of 3.31. Total volume for the period was 5,688.2 units, while notional turnover came to approximately 19,276.5 Turkish Lira (calculated based on volume and average price). The asset showed minimal volatility in the early part of the session but saw a sharp move up in the late evening, followed by consolidation.

Structure & Formations

Price action on the 15-minute chart suggests a period of indecision before a clear breakout in the 20:00–05:15 ET window. A bullish reversal pattern was evident around 20:00 ET, marked by a 3.32 open and a 3.37 close on a large-volume candle. The subsequent consolidation above this level indicates a potential short-term support at 3.32–3.35. No strong bearish patterns were observed.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a gradual upward shift post-20:00 ET, reflecting the buying pressure. The 20SMA crossed above the 50SMA, hinting at a potential short-term bullish bias. Daily MA levels are not calculable from the 15-minute data provided.

MACD & RSI

The MACD line turned positive around 20:00 ET, confirming the upward move. RSI rose from a mid-50s range to over 60, indicating rising momentum. While not in overbought territory, the RSI suggests that buyers are in control, at least for now.

Bollinger Bands

Volatility expanded during the late session breakout, with prices closing near the upper Bollinger Band. The previous consolidation near the lower band suggests a potential mean-reversion scenario had not materialized. The expansion in bands reflects increased uncertainty or interest in the pair.

Volume & Turnover

Volume remained low for the majority of the session, with only two spikes above 1,000 units—first at 20:00 ET and again at 05:15 ET. Turnover moved in lockstep with these volume surges, confirming the price action. No clear divergence between price and volume was observed.

Fibonacci Retracements

Applying Fibonacci levels to the 20:00–05:15 ET swing, the 3.40 level aligns with a 61.8% retracement. This suggests that the move from 3.32 to 3.40 could be seen as a corrective phase within a larger range. The 3.35–3.36 levels appear to be key intra-day support/resistance for the next 24 hours.

Backtest Hypothesis

A backtest was attempted to identify Bullish Engulfing patterns on POLYXTRY, but the data provider could not locate the symbol, suggesting possible issues with the ticker or the exchange. The absence of this data limits the ability to perform an event-based analysis using standard candlestick signals. If the correct symbol or event dates can be provided, a more robust backtest could be conducted, focusing on price behavior following such patterns.