$TRX /USDT BEARISH SIGNAL ON 4H CHART 🚨📉
FAILED TO HOLD ABOVE $0.2783 RESISTANCE ❌
LOWER HIGH PATTERN CONFIRMED 🔻
WEAK BULLISH MOMENTUM ON RETEST ⚠️
$TRX recently spiked to a high of $0.2953, but quickly lost steam and dropped below $0.2783. The current price at $0.2749 shows signs of fading momentum, with repeated rejections at key resistance and no strong bullish continuation. This suggests a possible downside move.
🔴 SHORT TRADE SETUP
• Entry Zone: $0.2745 – $0.2760
• Take Profit (TP): $0.2700 / $0.2670
• Stop Loss (SL): $0.2785
Market Outlook: TRX is forming a bearish structure unless it breaks back above $0.2783 with volume. Until then, sellers may take control and push the price back toward local support at $0.2675.
📊 Risk Management: Stick to the SL, avoid chasing bounces blindly, and size positions properly.