📉 Strategic Analysis: Why $TRX could be an excellent candidate for a short position in the coming days?
Following the recent movements of $TRX /USDT, several technical signals encourage experienced traders to consider an intelligent short strategy in Grid Trading on Binance futures.
📊 Configuration details (see image):
🔻 Position: Sell (Short)
📈 Price range: from $0.23798 to $0.31055
📶 Number of grids: 10
⚙️ Leverage: x20
📉 Technical indicator: Bearish SAR on the daily
🧱 The $0.31 zone acts as a solid resistance, with multiple rejections in the past. This creates an opportunity for traders looking to capture short-term bearish movements through a tiered strategy.