$TROY ’s Upward Momentum: Precise Breakout Targets in Play
$TROY is currently trading at $0.005518 on the 15-minute timeframe, displaying a strong recovery from its recent low of $0.005063. The price is showing renewed bullish momentum, nearing its 24-hour high of $0.005580, which acts as immediate resistance. A breakout above this level could trigger a further move upward with minimal but achievable targets.
For traders looking to enter, the ideal range is between $0.005500 and $0.005520. The immediate resistance stands at $0.005580, with closely aligned profit-taking targets at $0.005550, $0.005570, and $0.005580. On the downside, maintaining the support level of $0.005440 is critical for bulls to sustain the upward momentum. If this support fails, traders should consider a stop-loss at $0.005420.
With momentum building and RSI nearing the overbought zone, traders must watch for volume confirmation to validate this breakout. This setup offers short-term gains with precise targets to minimize risk while capturing potential upside.