$TRX /USDT TECHNICAL ANALYSIS – BEARISH SETUP

$TRX /USDT is showing signs of downward pressure after failing to sustain above key resistance levels. The 1D and 4H charts indicate lower highs and lower lows forming, while EMA alignment is turning bearish. MACD is below the signal line and volume confirms selling strength. Price is testing support near recent lows, suggesting a continuation of the bearish trend.

Trade Idea:

Entry (Short): Below current support level

Targets (TP): TP1: 0.2801, TP2: 0.2780, TP3: 0.2750

Stop Loss (SL): Above recent swing high

Risk Management: Limit risk to 2% per trade, use tight SL due to volatility, and consider partial exits at each target to secure profits.

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