$TROY TROY/USDT: Here is a brief analysis and bullish scenario:
Chart Analysis (TROY/USDT)
1. Current Price: 0.004163 USDT (up 5.29% in the last 24 hours).
2. Indicators:
Moving Averages (MA):
MA(7) is around 0.004096, slightly below the current price.
MA(25) is at 0.004299, indicating the nearest resistance level.
Relative Strength Index (RSI): Around 52 (neutral, neither overbought nor oversold).
MACD: Starting to form a potential golden cross, signaling early bullish momentum.
3. Volume: The volume increase is not yet significant, so bullish confirmation requires additional volume to sustain the rally.
---
Scenario for the Next 1 Month
If the bullish trend continues:
1. Entry Buy:
Conservative: Wait for a breakout above 0.00430 (MA25 resistance) with high volume.
Aggressive: Enter within the range of 0.00415–0.00420, assuming the MACD golden cross is confirmed.
2. Target Profit (TP):
TP1: 0.00460 (minor resistance).
TP2: 0.00500 (psychological resistance).
TP3: 0.00580–0.00600 (previous major resistance).
3. Stop Loss (SL):
Set SL at 0.00370 (the lowest support level in the last 24 hours).
