🚨 Trading Signal Alert: $TROY /USDT
TROY/USDT has shown a sharp #bullish move, gaining +5.86% in the last 24 hours and hitting a high of $0.005865. The Relative Strength Index (RSI) is currently at 89, signaling overbought conditions, which may indicate a potential pullback or continued momentum.
Key Levels:
Current Price: $0.005857
Resistance Levels: $0.005865, $0.005950
Support Levels: $0.005591, $0.005275
Trade Setup:
Entry Price: $0.005850 (upon breakout confirmation or retracement)
Take-Profit Targets:
1. $0.005950
2. $0.006050
3. $0.006200
Stop Loss: $0.005550
Caution:
Traders should monitor the RSI closely as the overbought levels suggest a possible retracement. Use proper risk management and wait for confirmation before entering trades. Watch for a breakout above resistance or stabilization near support zones.