$TROY

/USDT Technical Analysis 🔍 | Price Targets 🎯

Current Price: $0.004675

24h Change: -24.80%

After a significant drop in price, TROY/USDT is at a critical juncture. Let's dive into the technical analysis and identify potential targets for the next move.

📊 Key Levels to Watch:

1. Support Zone:

The price is currently testing a crucial support level around $0.004574. If this level holds, we might see a bounce back towards higher targets. A break below this support could lead to further downside.

2. Resistance Level 1 - $0.005500:

This level is the immediate resistance to watch. If the price breaks above it, we could expect a retest of the recent high at $0.007317.

3. Resistance Level 2 - $0.006500:

A stronger resistance is found at $0.006500. If TROY/USDT manages to break this level, we could see a more bullish move towards higher prices, with a target near $0.0070.

💡 Trade Ideas:

Bearish Scenario: If the price breaks below $0.004574, look for a retest of lower levels near $0.003500.

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