$TROY

$TROY

/USDT Technical Analysis & Trade Strategy📈📊

Current Market Overview:

Current Price: $0.005274

24h Change: -1.24%

24h High: $0.005525

24h Low: $0.005094

24h Volume:

TROY: 4.77B

USDT: 25.39M

Average Volume Level (AVL): $0.005270

Key Technical Indicators:

1. SAR (0.02, 0.2): $0.005180 (SAR is below the current price, indicating a bullish trend).

2. Support Level: $0.005094 (24h low).

3. Resistance Level: $0.005389 (recent local high).

Trade Setup

Entry Strategy:

Buy Zone: $0.00520 - $0.00527 (near SAR and current price).

Confirmation: Hold above $0.00527 with increased volume and a bounce off SAR support at $0.00518.

Stop-Loss:

Place a stop-loss at $0.00508 to limit risk below recent support.

🎯 Targets:

1. Target 1: $0.00538 – Testing recent resistance.

2. Target 2: $0.00550 – Key psychological and technical level.

3. Target 3: $0.00565 – Extended target if bullish momentum continues.

Indicators Analysis:

SAR: Bullish trend as SAR is below the price ($0.00518).

Depth: Indicates 2.85% buying pressure, supporting potential upward movement.

Volume: High volume (4.77B TROY) suggests active market participation.

Risk-Reward Ratio:

Stop-Loss: $0.00508

Entry: $0.00527

Targets:

Target 1: $0.00538 → Risk/Reward: 1:1.5

Target 2: $0.00550 → Risk/Reward: 1:3

Target 3: $0.00565 → Risk/Reward: 1:5

Summary:

Current Bias: Bullish as long as price stays above SAR ($0.00518).

Buy Zone: $0.00520 - $0.00527 with a stop-loss at $0.00508.

Targets: $0.00538, $0.00550, and $0.00565.

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