TROY is currently showing signs of price consolidation with a high Vol/Mkt Cap ratio of 65.58%, indicating significant liquidity in the market. Recent price movements reflect a 3.20% gain over the past day, and the 24-hour volume has declined by 50.26%, suggesting reduced activity compared to the previous period. The current price of $0.006187 is near its 24-hour high of $0.006419, suggesting resistance at these levels. Scalping opportunities exist around this range for short-term trades.
Potential support is visible at $0.005878 (24-hour low), while resistance at $0.006419 aligns with the recent high. Tight stop-losses and disciplined exits are critical given the recent volatility.
Action:
Long Position
Entry Range: $0.006000 - $0.006100
SL: 0.5% below entry
TP: $0.006300 - $0.006900
Short Position
Entry Range: $0.006350 - $0.006400
SL: 1% above entry
TP: $0.006000 - $0.005900
🥂 Trade Now (Link in Bio)
🚨 Note: Trade at your own risk. DYOR.