$TROY Will decline to 0.0021 soon:

To assess if TROY/USDT might decline to the level of **0.0021**, let’s analyze a few additional factors based on the chart and typical support/resistance analysis:

1. **Support Levels**:

- The last significant low shown on the chart is around **0.002312**, which acted as a previous support. If the price breaks this level, it may indicate further bearish momentum.

- A drop to **0.0021** would mean a further decline from current levels, testing new lows. For this to happen, TROY would need to continue its bearish trend without significant buying pressure at intermediate support points.

2. **Volume Analysis**:

- High trading volume (around **929 million TROY** in the displayed chart) suggests that there’s active trading interest. If this volume remains high during a decline, it can indicate continued selling pressure, which could push the price lower.

3. **Indicators (RSI and Stochastic RSI)**:

- The RSI and Stochastic RSI are already near oversold levels. While this often signals a potential reversal or pause in the downtrend, oversold conditions can persist in strong downtrends, especially if market sentiment remains bearish.

4. **Trend Confirmation**:

- A break below **0.00342** (near the current level) could serve as a confirmation for further decline towards **0.002312** and potentially beyond to **0.0021** if the bearish sentiment is strong. This decline would need support breakdowns and sustained selling volume to reach that low.

**Summary**:

While it’s not guaranteed, reaching **0.0021** is possible if the downtrend persists and TROY fails to find support around **0.00342** or **0.002312**. Monitor key levels and market sentiment closely; if support levels break, **0.0021** could be tested. However, if buyers step in at oversold levels, a short-term bounce might prevent a deeper decline.#USInflationAboveTarget #CPIUpdateOctober