$TROY
TROY/USDT — Technical analysis for January 9, 2025
💥 Support:
0.00300 — key level supporting the market.
0.00297 — nearest zone for possible consolidation.
🚀 Resistance:
0.00350 — current high, breaking which may strengthen the upward movement.
0.00380 — next significant target.
🕯 Candlestick analysis:
Open: 0.003405
High: 0.003503
Low: 0.002977
Close: 0.003065
Change: -0.000340 (-9.99%)
Last candle — bearish, with noticeable selling pressure, indicating weakness of the bulls.
📝 Trend:
TROY maintains a downward trend, trading below MA(7) (0.00331) and MA(25) (0.00332). The RSI indicator reached a level of 23.59, signaling oversold conditions. MACD continues to indicate a decline.
💡 Forecast:
Bullish scenario: Breaking the level of 0.00350 may open the way to 0.00380.
Bearish scenario: Continued decline is possible to the level of 0.00297.
⚠️ This analysis is for informational purposes only and is not a recommendation to act.