$TRX USDT Short Trade Setup 🔥🔥🔥
Current Price: R$0.2281
☄️Entry Zone: R$0.2270 – R$0.2300
🧩Resistance: R$0.2320 – R$0.2350
🎯Targets:
🎯 TP1: R$0.2240
🎯 TP2: R$0.2200
🎯 TP3: R$0.2150
✋Stop Loss: R$0.2370 (Above key resistance)
📊Market Context:
TRX is facing resistance near R$0.2320 – R$0.2350 and struggling to maintain bullish momentum. A rejection from this level could push prices lower, aligning with broader market sentiment.
📉 Risk Management: Stick to a 2-3% risk per trade, ensuring a well-placed stop-loss above resistance to protect against sudden reversals.
🩸 Pro Tip: Watch for a rejection wick or bearish engulfing candle near resistance. A failed breakout attempt with declining volume could confirm the short trade setup. 🚀
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