TRX faces bearish confluence, yet StochRSI is completely washed out at 7.
Price attempts to hold the EMA200 at 0.334. Any bounce from here hits a wall: Supertrend resistance at 0.342. This looks like a long trap.
I'm fading it. My read is wrong if TRX reclaims 0.342.
$TRX
Price attempts to hold the EMA200 at 0.334. Any bounce from here hits a wall: Supertrend resistance at 0.342. This looks like a long trap.
I'm fading it. My read is wrong if TRX reclaims 0.342.
$TRX
