$TRX /USDT TECHNICAL ANALYSIS: SHORT TRADE SIGNAL
SHORT OUTLOOK OF MARKET
The TRX/USDT chart on an hourly timeframe indicates a recent downtrend, with the price having dropped from a high of 0.3687 to a low of 0.3388. While there has been a recent bounce, the overall trend remains bearish. The current price of 0.3497 is still well below the earlier high, suggesting that selling pressure could resume. The market is showing signs of a potential retracement within a larger downtrend.
TRADE SETUP
* Entry: Short entry is signaled at the current price of 0.3497.
* TP1: 0.3450
* TP2: 0.3400
* SL: 0.3536
#TRX #USDT #crypto #trading #TechnicalAnalysis $TRX
