$TRX Pullback Signal — Lower Highs Hint at Downturn ⬇️📉
$TRX is showing a bearish pullback after a strong upward move, with clear rejection from the 0.2880–0.2900 resistance zone. The 1H chart reveals lower highs forming as momentum weakens. A break below short-term support signals growing selling pressure, favoring further downside while price stays below resistance.
📍 Trade Setup (Short):
· Entry Zone: 0.2840 – 0.2870
· Take-Profit Targets: 0.2790 → 0.2765 → 0.2720 🎯
· Stop-Loss: 0.2895
The setup remains valid as long as price stays below the resistance zone. A breakdown below support may accelerate selling momentum.
Resistance held. Structure turning. Ready to follow the pullback? ⚡ $TRX
TRXUSDT
Perp
0.28468
-1.24%