🚨 $TRX Momentum Exhaustion – Short Setup
$TRX is clearly losing momentum after an extended climb. The structure is weakening, and signs of distribution are starting to show as price presses into a major resistance zone packed with resting sell orders.
📉 Trade Idea: SHORT $TRX
Entry: 0.279 – 0.282
Stop-Loss: 0.285
TP1: 0.272
TP2: 0.268
🧠 Technical Breakdown
Price is testing the upper boundary of the channel with no follow-through from buyers
Momentum is fading — higher prices are failing to attract new demand
Strong sell-side liquidity overhead, while a large liquidity void sits below
Market conditions favor a pullback / corrective move, not a breakout
Probability favors a sharp retrace toward recent lows as smart money looks to exit near resistance.
📊 TRXUSDT | Perpetual
Trade smart. Manage risk. 🎯
