$TRX
USDT BEARISH PRESSURE BUILDING – SUPPORT BREAKDOWN LOOMING!
TRON ($TRXUSDT) is currently trading at $0.2826 (-1.53%), showing clear bearish momentum as it struggles to hold above key intraday levels.
🔑 Key Levels:
Resistance Levels: $0.2867 / $0.2900 / $0.2920
Support Levels: $0.2800 (immediate) / $0.2780 (major)
Current Price: $0.2826
📉 Trade Setup (Short):
Entry Zone: $0.2825 – $0.2845
Take Profit Targets:
➤ TP1: $0.2800
➤ TP2: $0.2780
Stop Loss: $0.2870
💡 Market Outlook:
TRX is forming lower highs and failing to reclaim the $0.2867 resistance, indicating sellers are in control. A breakdown below $0.2800 support could trigger a sharper decline towards $0.2780. Caution is advised as volatility remains high in the current consolidation zone.
⚠️ Risk Management:
Trade with 2-3% capital allocation, set disciplined stops above resistance levels, and avoid revenge trading if market volatility increases.
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buy and trade here on $TRX