$TRX

TRX Slipping Further – Bears in Control

Trend: Bearish Continuation

Recent Action:

Declined from $0.2746 → $0.2618 (-4%)

Lower highs + weak rebounds = classic downtrend structure

Key resistance not reclaimed, confirming seller dominance

Short Trade Setup

Entry Zone: $0.2620 – $0.2635 (short entries on weak bounce or support retest)

Take Profit Targets:

TP1: $0.2550 (local support – initial profit zone)

TP2: $0.2480 (major support – full downside potential)

Stop-Loss: Above $0.2665 (above recent lower high, protects against trend reversal)

Bearish Trigger Levels

Key Breakdown: A clean break below $0.2600 with rising volume could ignite faster downside

Invalidation: Reclaim and hold above $0.2665 flips bias neutral-to-bullish

Watch for: RSI < 40 and declining OBV (On-Balance Volume) = strong confirmation of sell pressure

buy and trade here $TRX .