$TRX /USDT SHORT TRADE SIGNAL — REJECTION FROM CHANNEL TOP COULD UNFOLD DROP!
TRON is respecting the upper boundary of its ascending channel, and the latest rejection wick signals weakening bullish momentum. A potential reversal from the top of the structure could offer a clean short setup if follow-through confirms.
Trade Setup:
Short Entry: $0.25000 - $0.25070
Take Profit (TP): $0.24580
Stop Loss (SL): $0.25100
Outlook:
Price action within the bullish channel remains intact, but repeated rejections from the upper trendline indicate exhaustion. Expect a drop back toward the lower boundary if selling pressure sustains.
Pro Tip: In trending channels, fading the extremes often delivers high-probability entries. Monitor closely for confirmation before executing.
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