$TRX /USDT – BEARISH BREAKDOWN IN PLAY
TRX/USDT is showing signs of bearish momentum after a failure to reclaim key resistance, with price currently hovering around $0.2836 (-0.77%).
KEY LEVELS
Resistance: $0.2880 (24h High
Support: $0.2812 (24h Low
Current Price: $0.2836
Breakdown Zone: $0.2820 – if lost, expect acceleration of downside
TRADE SETUP – SHORT ENTRY
Entry: $0.2835 – $0.2840 (upon minor pullback into resistance)
Stop Loss (SL): $0.2885 (above resistance and recent high)
Take Profit (TP):
TP1: $0.2812 (recent low)
TP2: $0.2780 (next support zone)
TP3: $0.2750 (extension target for bears)
RISK MANAGEMENT
Risk only 1–2% of your capital
Maintain a proper Risk:Reward ratio of 1:2+
Avoid overtrading — wait for confirmation candle near entry zone
Bear pressure is real — don’t fight the trend unless reversal confirms!
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