$TRX /USDT BEARISH REVERSAL FROM LOCAL TOP — SHORT TRADE OPPORTUNITY LOADING!
$TRX /USDT surged toward the $0.24980 resistance but quickly faced rejection, forming a long upper wick and a sharp bearish candle on the 1H chart. This signals profit-taking and a possible reversal after the rally. Price is now back-testing lower levels near $0.24750.
Trade Setup:
Short Entry: 0.24750
Take-Profit Targets:
TP1: 0.24550
TP2: 0.24350
Stop-Loss: 0.25010
Market Outlook:
After a strong bullish climb, $TRX/USDT appears to be cooling off with lower highs and selling pressure near resistance. If bearish momentum sustains, we could see a retracement toward key support zones.
#TRXUSDT #BearishSetup #CryptoTrading #AltcoinMoves #BinanceFutures
