Weak structure near support… breakdown setup in play.
$TRX /USDT – SHORT
Trade Plan
Entry: $0.325 – $0.332
SL: $0.338
TP1: $0.320
TP2: $0.312
TP3: $0.300 (if breakdown expands)
Why This Setup?
4H Structure: TRX is forming lower highs and struggling to maintain support — bearish continuation structure remains intact.
Price Positioning: Price is hovering just above $0.325 support. Weak holding here increases the probability of a breakdown rather than a bounce.
Daily Context: Higher timeframe trend leans bearish. Without reclaiming $0.336 resistance, upside moves remain corrective.
Volume Behavior: Lack of strong buying reaction near support suggests weak demand — sellers still in control.
Key Levels: $0.3251 is critical support. A clean break below this can trigger acceleration toward $0.31 and lower liquidity zones.
As long as $0.3366 is not reclaimed, downside pressure remains dominant.
Debate:
Will TRX break below support and continue the downtrend…
Or will buyers defend this level and trigger a bounce?
Trade $TRX here 👇
