$TROY
/USDT Technical Analysis and Trade Signals 🚀 🎯
1. Current Price: 0.004217 USDT
2. 24h Range: 0.004006 (Low) – 0.004618 (High)
3. Bollinger Bands (20, 2):
Upper Band: 0.004274
Middle Band: 0.004206
Lower Band: 0.004137
4. Parabolic SAR (0.02, 0.2): 0.004134
5. Volume: 5.85B TROY traded in the last 24h with a total of 25.23M USDT in volume.
6. Recent Trend: The price has been fluctuating, but the most recent movement shows an increase in momentum (1h +7.90%, 4h +4.98%, 1D +3.18%).
Key Levels:
Support Level: 0.004137 (near the lower Bollinger Band and SAR)
Resistance Level: 0.004274 (upper Bollinger Band)
Mid-level: 0.004206 (Middle Bollinger Band)
Trade Strategy and Setup:
Scenario 1: Bullish Continuation
Entry: Buy near the current price or at a slight dip to 0.004137 (Support area). Ensure the price stays above the SAR (0.004134).
Target 1 (🎯): 0.004274 (Upper Bollinger Band, resistance area).
Target 2 (🎯): 0.004350 (Resistance extension, 5% move from current price).
Target 3 (🎯): 0.004400 (A more aggressive target near previous highs).
Stop Loss: Below 0.004134 (below SAR and support level).
Scenario 2: Bearish Reversal
Entry: Sell short if the price breaks below the SAR level (0.004134) and closes below the lower Bollinger Band (0.004137).
Target 1 (🎯): 0.004006 (Previous 24h low).
Target 2 (🎯): 0.003900 (A deeper retracement).
Target 3 (🎯): 0.003800 (extended support from past price action).
Stop Loss: Above 0.004274 (above the upper Bollinger Band and resistance area).
Trade Setup:
Bullish Setup: If the price continues to trade above the SAR and lower Bollinger Band, it indicates support and an opportunity to enter a long position.
Entry: Around 0.004200-0.004150
Targets: 0.004274, 0.004350, 0.004400
Stop Loss: 0.004134
Bearish Setup: If the price breaks the support zone and stays below the SAR, it signals a bearish trend.
Entry: Below 0.004134
Targets: 0.004006, 0.003900, 0.003800
Stop Loss: 0.004274