๐ $TROY /USDT Market Update - Binance
๐น Current Price: $0.001693 (+0.89%)
๐ Timeframe: 1-Hour Chart
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๐ Market Analysis:
โ TROY has broken out after consolidating at key support levels.
โ Price has surged past resistance and is now forming a bullish structure.
โ There is potential for further upside towards the next resistance zone.
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๐ Potential Trading Setup
๐น Bullish Scenario (If TROY Holds Above $0.001650)
Buy Entry: Above $0.001650
Target 1: $0.001800 โ
Target 2: $0.001941 โ
Target 3: $0.002000+
Stop Loss: Below $0.001525
Bullish Confirmation:
Strong candle closure above $0.001650
RSI not in overbought territory
BTC and market sentiment remain bullish
๐ป Bearish Scenario (If TROY Drops Below $0.001525)
Sell Entry: Below $0.001525
Target 1: $0.001500 โ
Target 2: $0.001450 โ
Target 3: $0.001400
Stop Loss: Above $0.001700
Bearish Confirmation:
Break below $0.001525 with volume
BTC showing weakness
Market sentiment turning bearish
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โ ๏ธ Final Thoughts:
TROY has broken out and may continue upward.
The key level to watch for momentum is $0.001650.
If price faces rejection, a pullback to $0.001525 or lower is possible.
๐ Will TROY reach $0.002000+? Watch for a strong move above $0.001800!
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