$TRX /USDT TECHNICAL ANALYSIS: CONSOLIDATION WITH BEARISH BIAS ⚠️🔻
$TRX is trading at $0.2833, showing slight weakness as it hovers just above key short-term support. With narrowing range and declining momentum, a bearish breakdown is likely if support cracks.
📊 KEY LEVELS:
Resistance: $0.2877 ❌, $0.2900 🔼
Support: $0.2820 🛡️, $0.2780 🚨
📉 MARKET OUTLOOK: BEARISH TRX has been stuck in a tight consolidation zone, failing to reclaim the $0.29 level. Price is sitting on thin support at $0.2820—if lost, expect a quick drop toward $0.2780. Volume remains muted, hinting at a potential breakdown on the next volatility spike.
🔻 TRADE SETUP: SHORT ENTRY
Entry: $0.2830 – $0.2840
Take Profit (TP):
TP1: $0.2780
TP2: $0.2720
Stop Loss (SL): $0.2880
🧠 Risk Management:
Keep risk limited to 1–2% of your capital. Set alerts near support zones and avoid over-leveraging in low volatility chop zones.
#MarketPullback #TrumpTariffs #SouthKoreaCryptoPolicy #TrumpVsMusk #TrumpVsMusk $TRX