⚠️ $TRX
/ USDT – FAKEOUT OR LAUNCHPAD? 🎢🚨
$TRX spiked hard to $0.2852, only to get slammed back down to $0.2762, leaving a massive wick on the 4H chart! Traders got a taste of breakout euphoria, but the quick rejection hints at possible bull trap territory.
Despite the pullback, it’s still up +1.32%, and holding above the $0.2661 support zone. A consolidation here could set the stage for a real breakout — or more downside if buyers fail to reclaim momentum.
📊 Trade Setup (Caution Zone) • Entry (If Reclaimed): $0.2775 – $0.2810
• TP1: $0.2885
• TP2: $0.2950
• SL: $0.2685
🔍 Support: $0.2660
🔼 Resistance: $0.2850
⚠️ Fakeouts hurt — wait for confirmation!
Drop a “🔄TRX” if you’re watching for the next move!