$TRX /USDT short trade signal 🚦🛑
BEARISH SETUP IN PLAY — SUPPLY ZONE REJECTION CONFIRMED!
Price action on the 30-minute chart shows a strong rejection from the 0.27260–0.27285 supply zone. After a clean breakout from the falling wedge, $TRX failed to sustain above resistance and is now showing signs of short-term weakness. Sellers have stepped in aggressively, and the current candle structure suggests a probable move downward.
Trade Setup: (SHORT)
Entry: 0.27120
Take Profit (TP): 0.26880
Stop Loss (SL): 0.27285
Market Outlook:
Bulls lost momentum at a critical resistance zone, and with repeated lower highs forming, a drop toward the previous demand near 0.26880 is anticipated. RSI divergence and volume tapering off confirm the bearish case unless a sharp recovery breaks above 0.27285.
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