$TRX USDT BEARISH ENGULFING SAYS IT ALL — SHORT SETUP ACTIVATED 🔻
After a sharp rise into a known resistance block, $TRX USDT has printed a bearish engulfing candle right at the top of the supply zone — signaling a possible exhaustion of bullish momentum. Price has rejected from the 0.2738 level and broken below a rising channel, confirming downside pressure.
🔻 Trade Setup – Short Entry
• Entry Zone: 0.2731 - 0.2725
• Stop Loss: 0.2738
• Take Profit: 0.2698
• Margin: 2-3% of wallet
• Leverage: 10x
📉 Market Outlook:
Momentum has shifted bearish after a liquidity grab above recent highs. With volume weakening and structure breaking down, sellers are likely to push toward lower support zones. Watch for follow-through candles to confirm continuation.
#TRXAnalysis #CryptoTrading #BearishBreakdown #Altcoins #PriceAction
buy and trade here on $TRX