Would you short $TRX on this rejection candle? Here's the full read
$TRX SETUP — 📉 SHORT
Here's what the data shows:
• Price: 0.33563 (24H Range: 0.33056–0.33757)
• RSI(14): 67.2 — Near Overbought
• EMA20: $0.33434 | EMA50: $0.33267 ⚠️ Above EMA50
• Volume: $55.33M
📉 If yes, here's the plan:
📉 Entry: 0.33380 – 0.33715
🛑 Stop: 0.35401
🎯 TP1: 0.30315
🎯 TP2: 0.28236
🎯 TP3: 0.25429
Risk/reward here is compelling for shorts: tight stop, multiple R target.
The TRX distribution pattern is complete — markdown phase begins.
The TRX technicals continue to support the short.
Smart Money Is In 👉 $TRX 👈 Follow
#TRX #scalping #shortsignal
$TRX SETUP — 📉 SHORT
Here's what the data shows:
• Price: 0.33563 (24H Range: 0.33056–0.33757)
• RSI(14): 67.2 — Near Overbought
• EMA20: $0.33434 | EMA50: $0.33267 ⚠️ Above EMA50
• Volume: $55.33M
📉 If yes, here's the plan:
📉 Entry: 0.33380 – 0.33715
🛑 Stop: 0.35401
🎯 TP1: 0.30315
🎯 TP2: 0.28236
🎯 TP3: 0.25429
Risk/reward here is compelling for shorts: tight stop, multiple R target.
The TRX distribution pattern is complete — markdown phase begins.
The TRX technicals continue to support the short.
Smart Money Is In 👉 $TRX 👈 Follow
#TRX #scalping #shortsignal