$TRX /USDT – BEARS STILL IN CONTROL AS PRICE TESTS LOWER SUPPORT ⚠️
The chart shows TRON trading around $0.3318 after a persistent downtrend, failing to hold above the $0.3350–$0.3400 resistance zone. The price is now consolidating near the lower boundary, which suggests sellers are still active. Unless buyers step in strongly above $0.3350, downside pressure could continue towards the next support levels.
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📊 Trade Setup:
Bias: Short (Bearish)
Entry Zone: $0.3320 – $0.3340 (on rejection of resistance)
Take Profit (TP):
TP1: $0.3280
TP2: $0.3250
Stop Loss (SL): Above $0.3390 resistance
🌎 Market Outlook:
TRX remains under selling pressure with lower highs forming. A break and daily close above $0.3390 could invalidate the short setup and open a path back to $0.3500. Until then, the market favours sellers on rallies.
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