$TRX | SHORT 🔴

Bearish Trend Continues for TRX

📊 Price 0.3520 | 24h +1.09% | Vol $34.5M

🎯 Thesis: The price is below the SMA7 and SMA25, and the chart structure indicates a downtrend, suggesting that the bearish trend will continue. The last candle's bullishness may be a temporary reversal, but the overall trend and moving averages agree on a bearish bias.

📍 Levels: Entry near 0.352, stop beyond 0.3775, target toward 0.3293

⚠️ Risk: The risk is that the price may break above the resistance level of 0.3775, invalidating the short position…

#BinanceSquare #Short