Coin: $TRX
Forecast: 🔴 SHORT
Entry: 0.33551
🎯 Take-profit: 0.33183
🛑 Stop-loss: 0.33669
We set hidden stops. We trade according to the trend with strict risk management.
#TRX #CryptoSignals #Trading
💡 Analysis:
According to the TRX chart, the structure is leaning more toward a short right now: after a strong upward impulse, the price removed liquidity from the highs and received a sharp reaction from sellers, forming a sequence of lower highs.
The 0.33517274076072195 level (EMA200) and VWAP (0.33360444676409184) have been broken down and now act as resistance. If the price confidently breaks 0.33551 downward and makes a retest from below with a bounce, a short looks logical.
Forecast: 🔴 SHORT
Entry: 0.33551
🎯 Take-profit: 0.33183
🛑 Stop-loss: 0.33669
We set hidden stops. We trade according to the trend with strict risk management.
#TRX #CryptoSignals #Trading
💡 Analysis:
According to the TRX chart, the structure is leaning more toward a short right now: after a strong upward impulse, the price removed liquidity from the highs and received a sharp reaction from sellers, forming a sequence of lower highs.
The 0.33517274076072195 level (EMA200) and VWAP (0.33360444676409184) have been broken down and now act as resistance. If the price confidently breaks 0.33551 downward and makes a retest from below with a bounce, a short looks logical.