Technical Analysis for $TROY , $LINK , $TON and #TRX ... Big Losers and still will Go down more..
The current market shows significant activity, with TROY, LINK, and TON experiencing noticeable declines, signaling heightened volatility across these coins. TROY/USDT is leading the pack in losses, dropping 7.38% to a low of $0.003074. This sharp dip positions TROY in a high-risk zone, with sellers dominating the market. If this downward momentum persists, TROY might test lower support levels, creating potential short-selling opportunities. However, a bounce from here could offer a quick recovery for aggressive traders aiming to capitalize on any reversal..
LINK/USDT also faced pressure, declining by 4.97% to $11.67. LINK’s drop reflects an ongoing struggle to hold above its support zones, making it a pivotal watch for traders looking to either catch a potential rebound or further downside action. Meanwhile, TON/USDT has slipped by 3.56% to $4.824, approaching its critical support level. This move hints at a possible trend continuation if buyers don’t regain control soon. Among these hot coins, TRX/USDT remains stable with no change at $0.1689, suggesting consolidation. This could potentially lead to either a breakout or breakdown, making it essential for traders to monitor volume and momentum closely.
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