$TRX /USDT Short Trade Signal! 🔥💯
Current Price: $0.2382
Key Resistance: $0.2420 - $0.2450 (Strong supply zone)
Entry Zone: $0.2400 - $0.2420 (Look for rejection or bearish confirmation)
Target 1: $0.2320 (First support level)
Target 2: $0.2260 (Stronger support)
Stop Loss: $0.2470 (Above resistance)
Trade Details
✅ Wait for a bearish rejection at $0.2400 - $0.2420 before entering.
✅ A rejection at resistance could push price toward $0.2320 and $0.2260.
✅ Monitor 4H & 1H charts for confirmation with volume analysis.
✅ If price breaks above $0.2470, exit to minimize risk.
Risk Management
🔹 Maintain a 2:1 risk-to-reward ratio.
🔹 Adjust stop loss if price consolidates near resistance.
Momentum Indicators
📉 RSI near overbought could signal exhaustion.
📉 Decreasing volume at resistance strengthens bearish bias.
Pro Tip
🚨 Watch BTC’s movement, as sudden volatility can impact $TRX.
Stay sharp and trade safe! 🚀