TRX is battling a bearish swing after retesting the 0.0720 level, and the price is now stuck below the 0.0705 swing low.
🔴 $TRX SHORT 📉 — Trade Plan
• Entry: $0.330080 – $0.330740
• Stop: $0.340322 (-3.0%)
• Target 1: $0.325454 (+1.5%)
• Target 2: $0.313889 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke on a clear CHoCH, while CVD turned negative confirming selling pressure. A fresh FVG sits right above the broken swing high, intersecting an order block that also forms the POI, giving a tight confluence. With the structure now in a downtrend, the short entry feels justified.
A 3.0% stop is relatively tight on this pair, so using 5x or less leverage keeps risk manageable.
Consider taking half profit at the first target around 0.0660 as price approaches the next minor support.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$TRX #TRXUSDT #FedWatch #TradingSignals #Write2Earn
🔴 $TRX SHORT 📉 — Trade Plan
• Entry: $0.330080 – $0.330740
• Stop: $0.340322 (-3.0%)
• Target 1: $0.325454 (+1.5%)
• Target 2: $0.313889 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke on a clear CHoCH, while CVD turned negative confirming selling pressure. A fresh FVG sits right above the broken swing high, intersecting an order block that also forms the POI, giving a tight confluence. With the structure now in a downtrend, the short entry feels justified.
A 3.0% stop is relatively tight on this pair, so using 5x or less leverage keeps risk manageable.
Consider taking half profit at the first target around 0.0660 as price approaches the next minor support.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$TRX #TRXUSDT #FedWatch #TradingSignals #Write2Earn