$TRX /USDT BEARISH SETUP – POTENTIAL SHORT OPPORTUNITY
TRX/USDT is showing signs of weakening after repeatedly failing to hold above the recent resistance zone. The series of lower highs on the intraday structure indicates selling pressure building up, while support levels are gradually being tested more frequently—suggesting momentum shifting toward bears.
Price action is hovering near a key breakdown area. If bearish volume continues, a push toward lower liquidity zones becomes highly likely.
🔻 Short Entry Idea
Entry: 0.2890 – 0.2910
Take Profit Targets:
• TP1: 0.2860
• TP2: 0.2830
• TP3: 0.2790
Stop Loss: 0.2945
Market Structure Notes:
• Resistance remains strong overhead with repeated rejections.
• Bears gain control as momentum slows and support weakens.
• Breakdown below the immediate zone could trigger accelerated downside.
Risk Management:
Use proper position sizing, always set SL, avoid overleveraging, and risk only 1–2% per trade.
#TechnicalAnalysis #CryptoCharts #TRX #PriceAction #TradingSetup $TRX
