Coin Name : #TRX/USDT❤️
Signal Type : Short
As we can see the price of $TRX coin chart is moving within a descending channel showing lower highs and lower lows confirming a downtrend market. price is currently testing strong support zone. A breakdown this level will lead to a further downward movement. price has not broken above the COCH meaning no trend reversal confirmation. Rsi is showing bullish divergence but no confirmation yet. Macd bearish crossover signals wreaking momentum. According to my trade plan this is a bearish scenario.
Markets tend to move toward high-liquidity zones, where large liquidations take place. Institutional players strategically push prices into these areas to absorb orders before initiating the next move.
Liquidity heatmap
Trade Setup :
Entry - 0.2222
Tp 1 - 0.2175
Tp 2 - 0.2011
SL - 0.2285
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