$TROY Short Liquidation Alert.

A massive $5,155.4 worth of shorts were liquidated at the critical price level of $0.004932.

What Happened.

Short traders betting on a price drop were forced to exit their positions as the price surged beyond their stop-loss thresholds. This liquidation indicates strong bullish pressure in the market, catching shorts off guard and fueling further momentum upwards.

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What does it mean for $TROY

Bullish Momentum: This liquidation could ignite a rally as shorts scramble to cover their positions.

Key Level to Watch: $0.00496 now acts as a psychological and technical pivot point.

Potential Scenarios: If the price sustains above $0.00496, we may see further upside towards $0.0052 - $0.0055, the next resistance zone.

Trader’s Tip.

For Bulls: Look for buy setups above $0.0050 with a target around $0.0055.

For Bears: Be cautious! A reversal may occur if $TROY fails to hold above $0.00496, testing support at $0.0048.

Are you ready to ride the wave or playing it safely.

Let the charts guide you and trade wisely.

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