The key signal is a two-week distribution phase after the 409 TRY peak, now followed by a low-volume stabilization attempt. The weekly and monthly structure still defines a 370–409 TRY range, but the last two sessions show weakening hold above 383 TRY. Today's intraday tape showed a sharp sell wave after 17:40, pushing price quickly back into the 376–379 TRY area, which indicates downside velocity increased while rebounds lacked volume confirmation. On the order book, a conspicuous 9,928-lot sell wall at 379 TRY sits above the main bid cluster of 377–378.75 TRY, making supply more visible than demand at the moment. There is still a defensive bid base around 377 and 378 TRY, so the market is not empty on the downside, but overhead resistance is heavier. Session turnover was clearly lower than the prior two days, so this looks more like compression and fading momentum than a decisive breakout. The news flow did not deliver a direct negative shock, yet the cut in target price to 462 TRY likely cooled expectations despite the broader positive balance-sheet commentary. Overall, the dominant signal is short-term supply pressure around 379 TRY and a momentum loss above 383 TRY, not a fresh trend reversal in the broader time frame.