$TRX /USDT (Short‑Term Continuation) 📈
Trade Type: Sell 📉
Entry: 0.281 USDT
SL: 0.294 USDT
TP 1: 0.268 USDT
TP 2: 0.255 USDT
(TRXUSDT)
(TRXUSDT)
Analysis:
TRX futures are currently trading near 0.28 USDT. Recent price action shows resistance near recent highs with limited upward momentum. This suggests potential short-term bearish conditions.
Technical indicators and moving averages on shorter timeframes indicate a neutral to slightly bearish bias. Price is struggling to break above local resistance levels.
Given the current structure and lack of strong upward momentum, a sell continuation scenario is plausible. Profit targets are set at logical support zones.
