$TRX SHOWING WEAKNESS – BEARISH PRESSURE BUILDING BELOW $0.275
Tron (TRX) is currently trading at $0.2710 (-0.66%), slipping closer to key support after failing to sustain above $0.2742 (24h high). With low momentum and falling volume, TRX is at risk of further downside unless bulls reclaim higher ground soon.
🔍 KEY LEVELS TO WATCH:
Resistance Levels:
$0.2742 (24h high – immediate resistance)
$0.2800 (minor resistance)
$0.2850–$0.2900 (strong rejection zone)
Support Levels:
$0.2700 (psychological + structural support)
$0.2650 (next downside target)
$0.2500 (major demand zone if breakdown continues)
Volume Outlook:
TRX Vol: 231.18M
USDT Vol: 62.89M
Volume is fading below average (SMA trending lower), signaling reduced buyer interest.
📉 TRADE SETUP – SHORT BIAS:
Entry: $0.2720–$0.2700 (on breakdown confirmation)
Take Profit Targets:
TP1: $0.2650
TP2: $0.2550
TP3: $0.2500
Stop-Loss: $0.2760 (above recent swing high)
🛡️ RISK MANAGEMENT:
Use 1–1.5% of capital. Wait for a confirmed candle close below $0.2700 with volume to avoid fakeouts. Trail SL after TP1 to lock profits.
⚠️ SUMMARY:
$TRX/USDT is showing signs of bearish momentum with price stalling and volume thinning. A break below $0.2700 could lead to a swift correction toward the $0.2500 zone. Caution is advised on long positions unless bulls regain $0.275+ with strength.
Watch the breakdown – bears gaining control! 🐻📉
#MarketRebound #MetaplanetBTCPurchase #TrumpBTCTreasury #MetaplanetBTCPurchase #TrumpTariffs $TRX