$TROY Short Liquidation Alert
A significant $10.893K was liquidated at the price of $0.00575, signaling a bullish surge as shorts were squeezed out of the market.
What’s Next?
This liquidation points to strong buying momentum. Here’s your actionable plan:
Buy Zone
Entry Range: $0.00560 - $0.00570
This area may act as a support zone for a potential rebound.
Target Levels
Target 1: $0.00600 (short-term resistance level)
Target 2: $0.00625 (mid-term key level)
Target 3: $0.00650 (long-term breakout level)
Stop Loss
Place your stop loss at $0.00550 to limit risk if the trend reverses.
Key Insights
Bullish Confirmation: The short liquidation suggests strong buyer activity and potential for higher prices.
Volume Check: Monitor volume; a spike could confirm sustained upward momentum.
Risk Management: Stick to your plan and use proper position sizing to manage risk.
Stay vigilant and watch how the market reacts around the targets. Discipline and patience will ensure you make the most of this opportunity!
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