$TROY $TROY
#FutureTarding
💹TROY/USDT Market Analysis📊
#TradingTip #TradingSignal
Market Overview:
Last Price: $0.006917 (+18.26%)
24h High: $0.007325
24h Low: $0.005721
24h Volume:
TROY: 197.50B
USDT: 1.27B
Key Moving Averages:
MA(7): $0.006859
MA(25): $0.006775
MA(99): $0.006439
Support and Resistance Levels:
Support:
$0.006441 (near MA(99))
$0.005721 (24h Low)
Resistance:
$0.007325 (24h High)
$0.007388
Volume & Momentum:
Volume:
TROY: 324,975,520
USDT: 1.27B traded, indicating strong market activity.
Momentum: The price is above the short-term moving averages (MA(7) and MA(25)), suggesting a bullish trend. The resistance at $0.007325 might cap the price in the short term, but the momentum indicates further potential upside.
Potential Trading Strategy
✨Scalping:
Entry: $0.00685 - $0.00690
Targets:
$0.007325 (24h High)
$0.007388
Stop Loss: $0.00644
✨Day Trading:
Entry: $0.00675 - $0.00685
Targets:
$0.007325
$0.007388
Stop Loss: $0.00644
✨Swing Trading:
Entry: $0.00660 - $0.00675
Targets:
$0.007325
$0.00750
Stop Loss: $0.00572
🏆Analysis Highlights:
Bullish market trend supported by moving averages, with the price above both MA(7) and MA(25).
Resistance at $0.007325 (24h High) and $0.007388, where the price may face challenges breaking through.
Support at $0.00644 (MA(99)) and $0.00572 (24h Low) should offer a floor for price retracement.
High volume and upward momentum indicate potential for further gains, especially if the resistance levels are breached.
