$TRX USDT BEARS TAKE CONTROL AS PRICE SLIPS BELOW KEY SUPPORT!
Immediate Explanation:
$TRXUSDT has shown bearish momentum as the price dropped to 0.2733, breaking below the short-term support zone around 0.2746–0.2752. Selling pressure is evident, and the consistent lower highs coupled with the inability to reclaim 0.2780 resistance confirms sellers are driving the market. The narrow spread between buy/sell levels further suggests consolidation before a potential continuation downward.
Trade Setup: SHORT Entry
Entry: 0.2733
Take Profit (TP): 0.2700 / 0.2670
Stop Loss (SL): 0.2765
Market Outlook:
TRX is likely to test the 0.2700 psychological level in the short term. If this level breaks, further downside can be expected toward 0.2670. Watch for reaction near support for a possible bounce, but momentum currently favors sellers unless bulls reclaim key resistance quickly.
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