š$TROY
TROY/USDT Technical Analysis & Price Targets šÆ | Binance Update
š Current Price: $0.004408
š 24h Change: -4.74%
š 90 Days Growth: +238.66%
TROY/USDT has been showing strong growth momentum over the last 90 days, despite recent short-term corrections. Here's a detailed technical analysis with three potential price targets based on key indicators:
---
Technical Indicators Overview
1ļøā£ Moving Averages (MA & EMA):
The 50-day EMA is currently supporting upward momentum. However, a sustained dip below $0.0043 could indicate further bearish pressure.
2ļøā£ Bollinger Bands (BOLL):
The price is near the lower band, suggesting a possible rebound if buying pressure increases.
3ļøā£ MACD:
Bullish divergence is slowing but hasn't crossed into negative territory, signaling a consolidation phase.
4ļøā£ Support Levels: $0.004293, $0.004200
5ļøā£ Resistance Levels: $0.004500, $0.004800
---
šÆ Price Targets
Target 1: $0.004500 (Short-Term)
A minor resistance. If TROY maintains the current buying pressure, it could test this level within 24ā48 hours.
Target 2: $0.004800 (Mid-Term)
A key 24h high. Breaking this resistance would confirm bullish momentum, leading to the next rally.
Target 3: $0.005200 (Long-Term)
A psychological level that aligns with extended Fibonacci projections. Achieving this could signal TROY's ability to hold its multi-month uptrend.
#Binance #CryptoTrading #TROYUSDT #TechnicalAnalysis #CryptoTargets