$TRX Today's Pro Futures Plan for $TRX/USDT (17 Jun 2025 | 13:23 UTC)

• Trade Direction: Short (Price below MA(20) & MA(200), MACD histogram weakening near resistance)

• Entry Zone: 0.2790–0.2805 (retest of broken MA confluence or rejection at 24h high)

• Stop-Loss: 0.2835 (above 24h high, invalidates bearish structure)

• Risk/Reward Ratio: 1:2.5 (Stop: 0.0045, Target 1: 0.0035, Target 2: 0.0070)

• Profit Targets:

• Target 1: 0.2755 (prior support & MA(200) retest)

• Target 2: 0.2720 (24h low & psychological level)

• Exit Strategy: Move stop to breakeven after Target 1, trail below 15m swing lows.

• Strategy Explanation: Downtrend confirmed by price below MAs, low-volume pullback into resistance. MACD crossover supports bearish momentum.

• Volume Profile: Low rally volume vs. high sell volume at highs suggests weak bids.

• Leverage Note: Moderate (3x–5x) due to choppy range.

• Market Sentiment: Neutral-bearish; higher timeframe consolidation, no bullish catalysts.

• Invalidation Level: Close above 0.2835 (breakout fakeout).

• Alternative Scenario: If price holds above MA(20), watch for long above 0.2835 with SL at 0.2790.

Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice. Always do your own research and trade responsibly.