$TROY Short Squeeze!
A massive short liquidation of $3.2224K occurred at $0.00702, sending shockwaves through the market as TROY surged upward.
What’s Happening?
Short traders betting against TROY got caught in a fierce rally, forcing them to liquidate their positions. This indicates rising buying pressure and the potential for more upside if the momentum continues.
Key Levels to Watch:
Resistance: $0.00710 – A break above this could accelerate the rally toward $0.0075.
Support: $0.00680 – This level will be crucial for maintaining bullish momentum.
Volume Surge: A significant increase in volume suggests strong market interest, making TROY an exciting asset to watch.
Potential Upside: If the bullish trend persists, the next target could be $0.0075 or higher.
Risk Alert: A slip below $0.00680 might trigger a bullback toward $0.00650.