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Market Overview
The NEO/TRY pair closed at 174.1, unchanged from the previous close, reflecting a period of consolidation within a broader downtrend. Over the past 30 days, the price has ranged between 171.1 and 177.9, with a modest 1.63% increase overall. The current technical setup shows the 20-day moving average at 174.25, 50-day and 200-day DMAs are not specified, RSI is not provided, while nearest support and resistance levels stand at 171.1 and 177.9 respectively. No significant upcoming events are noted that might impact price action imminently. The trend remains bearish with weak momentum, consistent with the under-chart summary. For information only.
Last Updated 1/8/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.