Trade Plan: $TROY
1. Entry Targets:
Enter long near $0.005404 (support level) if the price pulls back and shows bullish signals.
Alternatively, enter on a confirmed breakout above $0.005808 with increasing volume.
2. Take Profit (TP):
TP1: $0.005950 (near next resistance level).
TP2: $0.006100 (extended target if bullish momentum continues).
3. Stop Loss (SL):
Place SL below the support at $0.005350 for conservative risk management.
4. Leverage:
Use 2x–5x leverage for moderate risk. Adjust based on your risk tolerance and account size. Higher leverage increases risk significantly.
5. Indicators to Monitor:
RSI: Ensure it isn't overbought (above 70) when entering.
MACD: Look for bullish crossovers or continued momentum.
Risk-Reward Ratio: Aim for at least 1:2 or higher to justify the trade. Adjust position sizing to match your risk tolerance.
#TROY/USDT #TROY #Write2Earn! #MarketExperts #BinanceSquareFamily
