$TROY /USDT: Strong Upward Move, Watching Key Resistance
Current Price: 0.005591 (+7.07%)
Trading Analysis
• Entry Zone: 0.005550 - 0.005600
• Targets:
• 0.005650 (Short-term resistance)
• 0.005700 (24h high)
• Stop Loss: 0.005500
Market Summary
• Support: 0.005500 – Critical level to hold for bullish momentum.
• Resistance: 0.005700 – Breakout above could signal further upward movement.
• Volume Split:
• 30.14% Buy-Side
• 69.86% Sell-Side
Note: Despite strong upward momentum, higher sell pressure near 0.005600 signals cautious optimism. Watch for a volume-driven breakout or rejection near the 24h high. Secure partial profits at targets and adjust stop loss accordingly.