$TROY /USDT is currently trading at approximately 0.004840 on the 15-minute chart, showing a recent spike in price action. This surge suggests potential momentum for a short-term rally if resistance levels are challenged.
The key resistance to watch is at 0.005073; breaking above this point could signal a continuation of the upward trend. Meanwhile, support at 0.004380 serves as a vital level to maintain, as dropping below it might lead to a reversal in trend.
For traders looking to enter, an ideal entry point would be around the current price of 0.004840
Take-profit levels are closely spaced to capitalize on the momentum: TP1 at 0.004880, TP2 at 0.004920, and TP3 at 0.004960, allowing for gradual profit-taking.
A stop-loss (SL) is recommended at 0.004750 to manage risk in case of an unexpected pullback.
This trade setup offers a strategic approach to capture potential gains while minimizing downside risk, ideal for short-term trading on TROY’s recent price action.
