🚀 TROY/USDT: Ready for the Next Move? 🚀
TROY/USDT is showing promising signs after a solid uptrend, now consolidating near 0.004480 USDT. It recently hit a high of 0.004756, which stands as key resistance. If TROY breaks above this level, we could see a renewed bullish push! On the flip side, support is around 0.004111—a potential entry point if the price pulls back.
With the MA(7) and MA(25) moving averages closely aligned, TROY seems to be in a wait-and-see phase, but the broader uptrend is still intact with MA(99) support further below at 0.003330.
📈 Entry Strategy: Consider buying on a confirmed breakout above 0.004756 for a momentum trade. Alternatively, look for an entry on a dip to support if the price pulls back, with a tight stop-loss to manage risk. Volume is strong, so be on alert for big moves!