Target and Prices:


• According to the structure in the chart, the price seems to have reacted downwards from the resistance area at the level of 100,000. This appears to be an important resistance point.


• In terms of target prices, the first support level below is the 92,000-94,000 range. If this level is broken, it is thought that the price could fall to the 86,000 level.



Support and Resistance:


• Main resistance level: 100,000 (red zone)


• Intermediate resistance level: 98,000


• Main support level: 92,000-94,000 band


• Stronger support: 86,000



Indicators:


• Although indicators are not indicated on the chart, current formations and price movements may indicate that increases in volume support a downtrend.


• It can be assumed that oscillators such as RSI and MACD are approaching the oversold region. Therefore, recoveries can be observed in oversold regions.



Formations and Formation Reversals:


• We see a rising wedge formation on the chart. Rising wedges usually give a bearish signal. The bearish movement here confirms this.


• “A-B-C” type correction structure has formed. If this structure is completed, a pullback to a stronger support level can be expected.


• The price may continue to move in the downward channel.



Trend Direction:


• The general trend is currently down. However, the possibility of a recovery from the support level of 92,000 should be evaluated.


• The medium-term downward trend continues.



Strategy:


1. Short-Term Transactions:


• The 92,000 level can be monitored. If it reacts upwards from this level, short-term purchases can be considered.


• However, if the 92,000 level is broken, selling pressure may continue up to 86,000.


2. Long-Term Transactions:


• Unless there is a close above the 100,000 level, upward movements may remain limited.


• Long-term investors can consider the 86,000-88,000 levels as a buying opportunity.


3. Risk Management:


• Stop-loss should be applied for closings below the 92,000 level.


• Targets should be determined gradually: The first target is 98,000, the second target is 100,000.



Recommendation:


• Market behavior should be monitored carefully in case the price pulls back to the 92,000 level.


• Low volume recoveries may present opportunities for reaction buying in the short term.


• However, caution should be exercised considering the general downward trend.



This analysis is based on current data and should be supported by regular updates as market conditions can change rapidly.