$TRX /USDT — Weak Structure, Sellers in Control
TRX is showing clear bearish pressure after failing to hold recent highs. Price is making lower highs and lower lows, indicating weakness in the short term.
📉 Current Trend
Short-term: Bearish
Market structure: Downtrend continuation
📌 Key Levels
Immediate Support: 0.2720
Major Support: 0.2680 – 0.2650
Resistance: 0.2760 – 0.2780
Major Resistance: 0.2820 (previous high)
💧 Liquidity Zones
Buy-side liquidity taken near 0.281–0.282
Price moving toward sell-side liquidity below 0.270
🔍 Price Action Insight
Strong rejection from highs
Consecutive red candles = sustained selling
Small green candles show weak buyer response
🔮 Possible Scenarios
Bearish Scenario:
Break below 0.2720 → continuation toward 0.268 / 0.265
Relief Bounce:
Short bounce toward 0.276–0.278, but rejection likely unless structure flips
🧠 Final Take
TRX remains under pressure. Until price reclaims key resistance, rallies may face selling. Patience is key here.
⚠️ Trade with proper risk management
Not financial advice
