🚀 $TROY /USDT Technical Analysis 🎯
TROY has recently caught traders' attention with an impressive +12.67% surge in the last 24 hours. Here's a breakdown of key levels and potential targets:
Current Price: $0.005717
24h High: $0.006100
24h Low: $0.005001
Key Observations:
1. Bullish Momentum: TROY is showing strong buying interest, breaking its short-term resistance levels.
2. Volume Surge: With 7.60B TROY traded, the rising volume supports a continuation of the bullish trend.
Targets to Watch:
🎯 Target 1: $0.0060 – Short-term resistance level. If broken, it could act as a new support.
🎯 Target 2: $0.0065 – Mid-level resistance. Expect profit-taking near this zone.
🎯 Target 3: $0.0072 – A major breakout zone that could signal the start of a stronger upward trend.
Support Levels:
Primary Support: $0.0053 – A potential bounce zone if the price retraces.
Secondary Support: $0.0050 – The lowest level from the last 24 hours.
Trading Strategy:
Short-term traders: Monitor $0.0060 for a breakout or reversal.
Mid-term traders: Consider holding until $0.0065 or $0.0072 for higher profits.
Risk Management: Set stop-loss around $0.0050 to minimize risks.