Short $TRX at 0.3212–0.3214 on the 4H 👀
Watching sellers defend this resistance. Price below the EMA50, shows the trend is still with them.
Price at 0.321 sits below the 4H EMA50 at 0.323, sellers still have the trend. 1H RSI at 74, running hot, time for a cool down. Daily below the EMA200 at 0.327, the daily backs the idea.
Entry 0.3212–0.3214 (short)
Targets 0.3205 → 0.3199 → 0.3191
Invalidation 0.3226
nfa · dyor
Watching sellers defend this resistance. Price below the EMA50, shows the trend is still with them.
Price at 0.321 sits below the 4H EMA50 at 0.323, sellers still have the trend. 1H RSI at 74, running hot, time for a cool down. Daily below the EMA200 at 0.327, the daily backs the idea.
Entry 0.3212–0.3214 (short)
Targets 0.3205 → 0.3199 → 0.3191
Invalidation 0.3226
nfa · dyor
