$TROY /USDT Technical Analysis and Trade Signal

Trend Overview:

Current Momentum: Bullish (Price up by +10.91% in 24h).

Resistance tested at $0.005519; likely to face minor selling pressure.

Support confirmed near $0.004771, forming a strong base.

Trade Signal:

Buy Signal: Active above $0.005400.

Targets 🎯:

1. Target 1: $0.005550 (Minor resistance, close to recent high).

2. Target 2: $0.005700 (Mid-level breakout target).

3. Target 3: $0.006000 (Strong resistance level if momentum sustains).

Stop Loss:

Place SL at $0.005250 (below support).

Momentum:

RSI: Trending upwards, indicating bullish strength but watch for overbought signals near 70 RSI.

Volume: High activity with increasing buying pressure (supporting the bullish trend).

Recommendation: Look for a breakout above $0.005519 with strong volume confirmation before scaling trades. Adjust targets and stop loss dynamically based on new support/resistance zones.

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