$TRX
USDT BEARISH REVERSAL SIGNAL – SELLERS READY TO STRIKE BACK
The price action of TRON ($TRXUSDT) shows a strong rally approaching a key resistance zone around 0.2890, where sellers have previously dominated. The current price is 0.2882, with rejection wicks forming, indicating a possible short-term top.
🔑 Key Levels:
Resistance: 0.2890 (major supply zone)
Support: 0.2850 and deeper at 0.2840
Current Price: 0.2882
📉 Trade Setup (Short Entry):
Entry Zone: 0.2885 – 0.2890
Targets (TP):
TP1: 0.2850
TP2: 0.2840
Stop Loss (SL): 0.2900 (above resistance breakout confirmation)
📊 Market Outlook: TRX is forming a rising wedge pattern, indicating weakening momentum despite recent bullish candles. If price fails to break above 0.2890 convincingly, expect sellers to pull it back to the support zones in coming sessions.
⚠️ Risk Management: Always risk 1-2% of your capital per trade. Wait for rejection confirmation before entering to avoid fake breakouts.
💡 Remember: Patience and discipline protect your capital more than any signal. Comment 🚀 if you want more TRX updates today.
#TRX #TRXUSDT #CryptoAnalysis #ShortSetup #BearishSignal
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