$TRX /USDT BEARS TAKING CONTROL – SUPPORT BREAKOUT LOOMING!
$TRX is showing clear signs of weakness on the 4H chart, currently trading at $0.2426 and forming consistent lower highs. Price is testing the immediate support near $0.2423, and any close below this level could open the gates for a sharp downward move. Sellers have taken over momentum with a series of bearish rejections near $0.2450.
TRADE SETUP:
Short Entry: $0.2420 – $0.2430
Take Profit Targets:
TP1: $0.2370
TP2: $0.2320
TP3: $0.2250
Stop Loss: $0.2475
MARKET OUTLOOK:
Market is forming a descending structure with strong selling pressure at every bounce. If the $0.2423 support breaks with volume, the next leg down could trigger quickly. Caution for longs—trend is not in their favor right now.
#BinanceAlphaAlert #USChinaTensions #BTCRebound #SaylorBTCPurchase #BNBChainMeme $TRX