$TRX
/USDT BEARISH REJECTION AT RESISTANCE—DOWNSIDE EXPECTED!
Price has failed to hold above the key resistance zone around 0.2467, forming a bearish rejection wick after a strong upward move. This indicates exhaustion at the top and opens the door for a short-term correction toward lower support.
Trade Setup (Short):
Entry: 0.2467
Take Profit (TP): 0.2452
Stop Loss (SL): 0.2478
Market Outlook:
The price rejected a previous resistance-turned-supply zone, suggesting sellers are stepping in. Unless reclaimed quickly, the momentum favors a drop back to local support. Tight stop recommended.
Command: “Exhaustion confirmed—ride the rejection down for a quick scalp!”
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