$TRX BEARISH SETUP – WEAKNESS NEAR SUPPORT, POSSIBLE BREAKDOWN AHEAD
Tron ($TRX) is currently trading at $0.2705 (-0.66%), testing a key support zone after a low-volume rejection from the $0.2742 high. Market structure suggests weakening bullish momentum, and a breakdown below $0.2700 could trigger further downside pressure.
🔍 KEY LEVELS TO WATCH:
Resistance Levels:
$0.2742 – 24h High / short-term resistance
$0.2800 – Mid-range resistance
$0.2900 – Strong resistance zone
Support Levels:
$0.2700 – Immediate support (critical)
$0.2650 – Next support below current level
$0.2580 – Strong historical demand zone
Volume Insight:
TRX Volume: 231.73M
USDT Volume: 63.04M
Volume weakening with price decline = bearish signal
📉 TRADE SETUP – SHORT IDEA:
Entry Zone: $0.2700 – $0.2715 (on breakdown confirmation)
Take-Profit Targets:
TP1: $0.2650
TP2: $0.2580
TP3: $0.2500 (if momentum continues)
Stop-Loss: $0.2755 (above 24h resistance zone)
🛡️ RISK MANAGEMENT:
Keep risk per trade under 1.5–2%. Move SL to breakeven after TP1 hits. Use trailing SL to protect profits if TRX drops fast.
📊 SUMMARY:
$TRX/USDT is bearish below $0.274. A confirmed close under $0.2700 could lead to a sharp move toward $0.2650 and below. Unless bulls step in quickly, the trend favors the downside.
Bearish pressure builds — TRX on the edge of a breakdown. 📉⚠️
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