$TRX USDT – BEARISH REJECTION AT RESISTANCE, SHORT SETUP ACTIVE ⚠️
TRXUSDT is showing clear signs of rejection from a strong resistance zone, suggesting an incoming bearish move. The current price is $0.2852, just below the key resistance level, indicating sellers’ dominance.
🔑 Key Levels:
Resistance: $0.2861
Support: $0.2829
Current Price: $0.2852
📉 Trade Setup (Short):
Entry: $0.2854 – $0.2861
Take Profit: $0.2829
Stop Loss: $0.2865
📊 Market Outlook:
TRX is forming a potential lower high with weakening bullish momentum. Failure to break above $0.2861 will trigger a quick retracement towards the support at $0.2829. If price closes above $0.2865, this bearish setup becomes invalid.
⚠️ Risk Management:
Trade with only 1-2% of your capital to minimise losses in case of unexpected reversals. Always maintain discipline with your stop loss.
🔥 Pro Tip: Let the market come to you – avoid chasing entries without clear confirmation.
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buy and trade here on $TRX