$TRX
USDT BEARISH SETUP – PRICE REJECTION SIGNALS DOWNSIDE MOVE 🚨
Current Price: 0.2868
🔑 Key Levels:
Resistance: 0.2880 – 0.2891 zone (strong rejection seen)
Support: 0.2838 (potential target)
📉 Market Next Move:
TRXUSDT faced rejection from the upper resistance zone near 0.2880 – 0.2891, forming bearish candles suggesting a possible downside continuation towards its support level. Sellers are likely to dominate below 0.2871.
📝 Trade Setup (Short):
Entry: 0.2871 – 0.2880
Target (TP): 0.2838
Stop Loss (SL): 0.2891
🌐 Market Outlook:
Overall sentiment remains bearish as price struggles to break above resistance. A clean rejection increases probability for further downside pressure.
⚠️ Risk Management:
Always trade with defined SL. Avoid over-leveraging; risk max 1-2% of your capital per trade to sustain long-term growth.
buy and trade here on $TRX