$TROY A Short Squeeze in the Making?
🔼 Current Price: TROY is hovering at $0.00469, caught between critical support and resistance levels.
🔥 Short Liquidation Cluster: A massive concentration of liquidations looms at $0.00524, including:
• Binance: 331.75K
• Bybit: 43.27K
• Cumulative Leverage: 3.86M
📉 Long Liquidation Risks: Key support lies at $0.00461, with significant long liquidations below this level.
💡 Market Insight:
1. The green curve shows increasing short liquidation potential, hinting at upward pressure if triggered.
2. The red curve suggests weakening long liquidation leverage, supporting current price stability.
Key Takeaway: Breaking above $0.00524 could ignite a short squeeze, while falling below $0.00445 might trigger a sell-off. Stay alert and adjust your strategy to ride the momentum!