$TRX /USDT Short Trading Signal — Rejection from the Resistance Area Leads to Bearish Movement!
The price faced several rejections near the resistance area of 0.2484–0.2485 and began to decline with increasing bearish pressure. This area acts as a strong supply zone, leading to potential downward movement.
Trade Setup:
Entry (Short): 0.24785
Take Profit (TP): 0.24652
Stop Loss (SL): 0.24857
Market Outlook:
TRX respects lower highs and rejects supplies. If the price holds below 0.2485, it is likely to continue the bearish trend towards support at 0.2465. Volatility is expected near the close of the session.
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