$TRX – DEAD CAT BOUNCE? SHORT SETUP BELOW $0.322
SHARP DUMP. WEAK RECOVERY.
$TRX plunged from $0.3282 to $0.3187 with strong bearish momentum. While a minor bounce is in play, price is stalling near $0.3200 with no strong volume support. This bounce appears corrective in nature and likely to fail below the key resistance zone at $0.3220.
SHORT ENTRY: $0.3200
TARGETS: $0.3165 / $0.3120
STOP LOSS: $0.3235
As long as price remains below $0.3220, bearish continuation is favored.
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