$TRX /USDT SHORT TRADE SIGNAL – BEARISH BREAKDOWN BELOW SUPPORT ZONE!
$TRX is currently trading at $0.2721 and has broken below its key horizontal support zone around $0.2725 on the 15-minute chart. Multiple retests have failed to reclaim the range, confirming bearish pressure and suggesting a continuation to the downside.
Trade Setup (SHORT):
Entry: $0.2725 – $0.2730
Target 1: $0.2690
Target 2: $0.2665
Stop Loss: $0.2745
Why Short?
The structure shows repeated failures at local resistance and a breakdown below the demand zone with increased selling volume. This marks a lower high setup with momentum shifting toward sellers. If $0.2710 breaks with conviction, further downside is expected.
Risk Management Tip:
Avoid overleveraging as $TRX volatility increases. Keep SL tight above $0.2745 and trail stop once price hits first target to secure profits.
Sell smart — don’t chase green candles when the trend is turning red!
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