$TRX – Smart Rejection Setup at Resistance 📉
Bias: Short-term bearish rejection forming
Trade Idea: Short Setup
Entry Zone: $0.3235 – $0.3245
Stop Loss: $0.3260
Take Profit Targets:
TP1: $0.3215
TP2: $0.3200
TP3: $0.3185
Why this setup?
Price faced strong rejection near ~$0.3250 resistance
Multiple weak bullish candles showing exhaustion
Lower timeframe structure shifting with loss of momentum
Possible liquidity grab above highs followed by downside continuation
Favoring a pullback toward previous support zone
Market Context
TRON is currently reacting around a key intraday resistance area, where momentum is fading and sellers are starting to step in.
Note: This is a high-risk short-term trading setup. Always manage risk properly and wait for confirmation before execution.#GoldmanSachsFilesforBitcoinIncomeETF EthereumFoundationUnveils$1MAuditSubsidyProgram#KevinWarshDisclosedCryptoInvestments
