📉 TRX/USDT – Rejected at Local High, Bearish Pressure Builds

Current Price: $0.2858

24h Change: +0.70%

24h High / Low: $0.2880 / $0.2831

MA Summary:

MA(7): $0.2866 (above price – short-term pressure)

MA(25): $0.2864 (confirming resistance zone)

MA(99): $0.2859 (hovering near price – potential decision point)

Chart Observations:

Price surged to $0.2880 but was quickly rejected.

Price is now below all three key moving averages – indicating bearish crossover.

Volume is average; no major bullish conviction after rejection.

📊 Trade Setup:

🔻 Setup: SHORT

📥 Entry: $0.2858

🎯 Targets:

TP1: $0.2842

TP2: $0.2830

TP3: $0.2812

🛡 Stop Loss: $0.2884

🧠 Market Insight: TRX failed to break above resistance and is now trading below its short-term MAs. If it can’t reclaim $0.2865 quickly, further downside is likely.

📌 Hashtags:

#TRX #CryptoSignals #AltcoinTrade #BearishMomentum #BinanceSetup