$TRX USDT BEARISH PRESSURE BUILDING – SHORT OPPORTUNITY AHEAD
TRX is facing rejection near the upper Bollinger Band at $0.2800 with price now consolidating below the middle band ($0.2797), signalling increasing bearish momentum in the short term. Sellers are defending the upper range aggressively.
🔻 Trade Setup (Short):
Entry: $0.2790 – $0.2800
Targets:
TP1: $0.2780
TP2: $0.2772
Stop Loss: $0.2808
📊 Market Outlook:
Current 15m structure shows lower highs forming with Bollinger Band squeeze narrowing, indicating potential downside expansion. Break below $0.2790 could trigger swift declines towards the lower support zones.
⚠️ Risk Management:
Position sizing must not exceed 2% risk per trade. Wait for clear rejection confirmation before entering.
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buy and trade here on $TRX