$TROY is currently forming an ascending triangle pattern on the daily timeframe. This pattern is often a signal for a potential breakout when the price moves above the resistance level.

Key Points:

Price Consolidation: Troy's price is consolidating near the resistance zone, which indicates a buildup of buying pressure.

Breakout Potential: A breakout above the resistance level could trigger an upward movement, taking the price towards higher targets.

Next Steps:

Buy Zone: Consider entering the trade around $0.00720 – $0.00750 if the price stays above the support level.

Targets: If the breakout is confirmed, expect the price to move towards:

First Target: $0.00855

Second Target: $0.01150

Stop Loss: To minimize risk, set your stop loss around $0.00660 below the support zone.

Strategy Summary:

Enter: Buy at the support zone or on confirmation of the breakout above resistance.

Targets: $0.00855 and $0.01150.

Stop Loss: $0.00660 to protect your position.

Always ensure proper risk management and never invest more than you can afford to lose.

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