$TROY Here’s a detailed analysis and trading plan for based on the current short liquidation at $0.00665:

Current Scenario

Short Liquidation Amount.

$6,598.9 indicates a significant volume of traders betting against at this level.

Price: $0.00665.

Liquidation events can create a temporary price surge or reversal, so the next movements depend on the market reaction.

Technical Analysis.

Support Zones (Buy Zones):

1. $0.00630 - $0.00650. A strong support zone where buyers may accumulate.

2. $0.00610 - $0.00620. Deeper support if the price breaks below the first zone.

Resistance Zones (Targets).

1. $0.00680 - $0.00700. Minor resistance where sellers might appear.

2. $0.00720 - $0.00740. Key resistance zone to watch for a breakout.

Stop-Loss Levels.

$0.00600: Set below the second support zone to manage risks.

Trading Strategy.

For Long Position (Buying).

Entry: Buy in the range of $0.00630 - $0.00650.

Targets.

Target 1: $0.00680 (Low risk).

Target 2: $0.00720 (Moderate risk).

Target 3: $0.00740 (Aggressive).

Stop-Loss.

$0.00600 to minimize losses if the trend reverses.

For Short Position (Selling).

Entry.

Wait for rejection around $0.00720 - $0.00740.

Targets.

Target 1: $0.00680.

Target 2: $0.00650.

Stop-Loss.

$0.00750 if price moves above resistance.

Additional Notes.

Market Sentiment.

Observe volume and sentiment shifts sudden spikes may indicate whales or news-driven moves.

Risk Management.

Always trade with a position size you’re comfortable losing.

News Impact.

Stay updated on any announcements or partnerships related to TROY.

This strategy provides a balanced approach with clearly defined risk and reward levels. Monitor price action and market conditions closely.

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