$TRX Explodes Past Short Traps – Bulls Taking Over?
A massive $13.5K worth of shorts just got wiped out at $0.2699, signaling the whales might be playing the reversal game!
What’s happening?
Traders betting against $TRX just got liquidated — a classic signal that a bullish wave could be loading up.
TRX Technical Analysis – Get in Before It’s Too Late!
Buy Zone:
$0.2660 – $0.2700
(Current area is still in range — watch for strong candle confirmations!)
Targets:
T1: $0.2760 (initial breakout zone)
T2: $0.2845 (major resistance flip)
T3: $0.2950 (potential FOMO rally zone)
Stop-Loss:
Below $0.2630 (tight stop under local support to avoid whale traps)
Why this matters:
Strong short liquidation means bears are getting flushed.
Volume rising as price pushes higher = bullish divergence.
Market structure is leaning toward a trend reversal.
The Bottom Line:
This liquidation wasn't random — it was a warning shot. Smart money could be flipping bullish. If $TRX holds above $0.2700, the sky’s the limit in the short term.
Watch it. Trade it. Don’t chase it.
