$TRX Stalled at the Top: The Flatline Before the Fall....
$TRX has entered a tight consolidation zone after a bounce from the 0.2589 low. Despite high volume, bulls are struggling to push past 0.2757 forming a potential distribution range. The flat-top candles and rejection wicks suggest buyers are losing control, opening the door for short momentum.
📉 Short Trade Setup
• Entry Zone: 0.2715 – 0.2730
• TP1: 0.2665
• TP2: 0.2610
• TP3: 0.2565
• Stop Loss: Above 0.2765
Market Insight:
Price action has gone flat while sell pressure builds a classic setup for a drop. If TRX breaks below the recent minor support, it could trigger a rapid unwind toward the previous demand zone.