$TROY /USDT is currently experiencing remarkable bullish momentum on the 15-minute chart, trading at approximately 0.004106, marking an impressive gain of 71.66% over the last 24 hours.
The asset reached a high of 0.004377, establishing a key resistance level that traders should closely monitor. On the support side, a robust level is identified around 0.002498, which serves as a critical point to watch for potential price retracements.
For those looking to enter the market, an ideal entry point might be around 0.004000, allowing traders to capitalize on the current upward trend. In terms of profit targets, it’s wise to set Take Profit (TP) levels at 0.004200 for TP1, 0.004300 for TP2, and a more ambitious target of 0.004400 for TP3.
A prudent Stop Loss (SL) can be placed around 0.003500 to manage risk effectively against unexpected market movements. With the current bullish sentiment, TROY presents a strong opportunity for traders seeking to benefit from its upward trajectory.
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