$TROY
/USDT: Launchpad Token in a Downtrend ๐
Current Overview
Current Price: $0.00526 (-6.07%)
24h High: $0.005707
24h Low: $0.004912
24h Volume: 17.22B TROY (~$90.71M USDT)
TROY has experienced a -6.07% decline in the past 24 hours, with price fluctuations between $0.004912 and $0.005707. As a Launchpad token, it shows significant trading activity, but the recent pullback indicates short-term weakness.
๐ Technical Insights
Support: $0.004912 (recent low)
Resistance: $0.005707 (24h high)
Volume: 17.22B TROY traded, showing high liquidity.
Depth: Slightly bearish with a drop of -5.13% recently.
๐ฏ Trade Setup
Entry Point: $0.00495 - $0.00510 (on pullback or consolidation).
Stop-Loss: $0.00485 (below support).
Targets
1. Target 1: $0.00520 โ Short-term resistance (4.5% gain)
2. Target 2: $0.00540 โ Reversal point (7.0% gain).
3. Target 3: $0.00570 โ Bullish continuation (8.4% gain).
โก Risk Management
Position Size: 1-2% of capital.
Trailing Stop: After Target 1 is hit, adjust stop-loss to $0.00510 to secure profits.
#RLUSDApprovalBoostXRP #MicrosoftRejectsBTC #BinanceMEOpening #MarketCorrection #MOVEOpening