$TRX /USDT BEARISH TECHNICAL OUTLOOK š
š Market Structure:
$TRX/USDT is showing weak momentum and rejection near the upper range, indicating sellers are active. Price is moving below short-term resistance, suggesting a possible continuation to the downside if support breaks.
š° Current Price: 0.2833 USDT
š KEY LEVELS
š„ Resistance Levels:
0.2845 ā 0.2870 (Immediate supply zone)
0.2890 ā 0.2900 (Major resistance & breakdown zone)
š© Support Levels:
0.2815 ā 0.2800 (Intraday support)
0.2770 ā 0.2760 (Strong demand zone)
š TRADE SETUP ā SHORT (SELL)
š» Entry: 0.2835 ā 0.2850
šÆ Take Profit Targets:
TP1: 0.2815
TP2: 0.2790
TP3: 0.2765
š Stop Loss: 0.2895 (Above key resistance)
ā ļø RISK MANAGEMENT
ā Risk only 1ā2% of your capital per trade
ā Always wait for confirmation near resistance
ā Trail stop-loss once TP1 is hit to secure profits š
š Bias: BEARISH BELOW 0.2870 š»#USGDPUpdate #USCryptoStakingTaxReview #BTCVSGOLD #CPIWatch #CPIWatch $TRX
