$TRX USDT BEARISH SETUP – WEAK PRICE ACTION WITH SELLERS PRESSURING LOWER
TRX is currently trading at 0.2866, down 0.35%, after failing to hold above 0.2874 high. Price is now trading below all key EMAs (7 EMA: 0.2868, 25 EMA: 0.2870, 99 EMA: 0.2868), indicating short-term bearish momentum is in play.
TRADE SETUP (SHORT):
Entry: 0.2868 – 0.2872
Targets (TP):
• TP1: 0.2855
• TP2: 0.2845
Stop Loss (SL): 0.2878
MARKET OUTLOOK:
TRX is forming lower highs and lower lows on the 15m chart, suggesting a continuation of this bearish move. If it fails to reclaim above 0.2872, downside targets are likely to be reached intraday.
Risk Management:
Always use strict SL and adjust lot sizes to maintain risk below your daily equity tolerance.
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