🔥 $TRX USDT BEARISH MOVE LOOMING – WILL 0.2770 SUPPORT HOLD?

$TRX is currently trading at 0.2784, showing weakness after failing to sustain above 0.2800 resistance. The price action formed a lower high structure with continuous rejection candles, indicating selling pressure building up.

🔑 Key Levels:

Resistance: 0.2800 – 0.2810 zone

Support: 0.2770 (critical short-term support)

🎯 Trade Setup:

Short Entry: below 0.2780

Targets: TP1: 0.2770 | TP2: 0.2755

Stop Loss: 0.2805

📊 Market Outlook: TRX is showing a bearish bias on the 1H chart with sellers defending the resistance. A clear breakdown below 0.2780 may accelerate downside momentum towards 0.2755.

⚠️ Risk Management: Always trade with a defined stop loss. Risk only 1-2% of your capital per trade to manage volatility effectively and protect your account from unexpected market reversals.

💭 What’s your plan for TRX today? Comment below 👇

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buy and trade here on $TRX