$TRX Long Liquidation: $4.5662K at $0.27775
Long traders were caught as TRX failed to hold above the intraday support zone and rolled over with increasing sell pressure. Buyers expected continuation, but momentum weakened quickly, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, shifting short-term control back to sellers.
Entry (EP): $0.27920
Take Profit (TP): $0.26850
Stop Loss (SL): $0.28380
Market Outlook:
$TRX is under short-term bearish pressure after losing the liquidation level. If price remains below the $0.278 zone, further downside or choppy consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk with strict discipline.
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