$TRX 🔻 **TRX/USDT – Short Trade Setup**
TRX continues to show **weak intraday structure** after failing to reclaim key moving averages. The recent bounce looks corrective, with sellers defending the **0.295–0.296** zone.
📌 **Bias:** Bearish
📉 **Entry zone:** **0.2945 – 0.2960** (rejection / MA resistance)
🎯 **Targets:**
* TP1: **0.2925**
* TP2: **0.2900**
* TP3: **0.2875** (if momentum expands)
🛑 **Stop-loss:** **0.2980** (above structure & invalidation)
🔎 **Confluence:**
* Lower high formation
* Rejection near MA25 / MA99
* Volume fading on bounce
* Trend remains down on lower timeframes
If price fails to hold **0.294**, continuation to the downside is likely. Wait for rejection confirmation before entry.
⚠️ Use low leverage and strict risk management.
Not financial advice.