🚨 $TROY /USDT SURGES: Is the Rally Sustainable? 🚨
$TROY is trading at 0.006334, showing an incredible +64.90% increase in the last 24 hours. The breakout has been accompanied by a significant rise in volume, signaling strong momentum.
📊 Key Levels to Watch:
🔼 Resistance: 0.006779 – A breakout above this level could push TROY toward 0.007200, 0.007500, and potentially 0.008000.
🔽 Support: 0.006000 – Holding above this level is critical to maintaining bullish momentum. A dip below could lead to a retracement toward 0.005500 or 0.005200.
🎯 Trade Setup:
• Long Entry: Above 0.006800, targeting 0.007200, 0.007500, and 0.008000.
• Short Entry: Below 0.006000, aiming for 0.005500 and 0.005200.
• Stop Loss: Long: 0.006300 | Short: 0.006500
⚡ Market Insight: The sharp rally shows buyer dominance, but overbought conditions may lead to profit-taking. Monitor closely for breakout confirmations or potential pullbacks.