⚠️ $TRX
/ USDT – RISING WEDGE IN SIGHT? BE READY! 🔻
$TRX spiked with a strong vertical move but is now forming a rising wedge – a bearish pattern often signaling exhaustion. Price is hovering around $0.2792 with tight consolidation and weakening momentum.
📉 Trade Setup (Bearish Bias):
• Entry (Short): $0.2790 – $0.2800
• Take Profit:
• TP1: $0.2757
• TP2: $0.2731
• TP3: $0.2706
• Stop Loss: $0.2812
If the wedge breaks down, expect a sharp drop to retest lower supports. Watch for volume confirmation!