TRX is battling a steep downtrend, trading just below the 0.0700 level and testing recent lows. Momentum is fading as sellers dominate the order flow.
━━━━━━━━━━━━━━━━━━━━━
🔴 $TRX SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.337952 – $0.338628
🛑 Stop Loss: $0.348439 (-3.0%)
🎯 TP1: $0.333216 (+1.5%)
🏆 TP2: $0.321375 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower high, confirming a change of character, while the CVD shows volume backing the move. A fair value gap lines up with an order block, creating a strong POI confluence for a short entry.
A 3.0% stop is relatively tight on this volatility, so a 5x to 8x leverage keeps risk per trade around 1% of equity.
Take partial profit at the first target around 1.7R to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$TRX #TRXUSDT #Bitcoin #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $TRX SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.337952 – $0.338628
🛑 Stop Loss: $0.348439 (-3.0%)
🎯 TP1: $0.333216 (+1.5%)
🏆 TP2: $0.321375 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke lower high, confirming a change of character, while the CVD shows volume backing the move. A fair value gap lines up with an order block, creating a strong POI confluence for a short entry.
A 3.0% stop is relatively tight on this volatility, so a 5x to 8x leverage keeps risk per trade around 1% of equity.
Take partial profit at the first target around 1.7R to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$TRX #TRXUSDT #Bitcoin #TradingSignals #Write2Earn