$TROY is currently experiencing a bearish market structure, with a price of 0.000069 USDT near its support level of 0.000061 USDT.
The RSI at 30.67 indicates oversold conditions, signaling a potential reversal.
A breakout above the resistance level of 0.000204 USDT could trigger bullish momentum.
However, traders should remain cautious of Bitcoin's fluctuations and macroeconomic factors that may influence overall market sentiment.
A pullback entry strategy may be suitable for those looking to capitalize on potential gains within this volatile environment.