$TRX TRX/USDT Short Analysis 📉
Current TRX price: around $0.339. �
TradingView
🔻 Short setup
Resistance: $0.348–$0.350
Stronger resistance: $0.369–$0.377
Support 1: $0.322
Support 2: $0.313
Support 3: $0.302 �
CoinLore
Possible short entry: $0.345–$0.350 only after bearish rejection
Stop-loss: $0.354–$0.360
TP1: $0.322
TP2: $0.313
TP3: $0.302
The short-term/hourly picture is currently weaker: one technical source rates the hourly trend Sell, with RSI around 45 and bearish momentum, while the daily trend remains bullish overall. �
CoinLore +1
⚠️ Key point: Don't short blindly at $0.339. A rejection around $0.348–$0.350 gives a cleaner risk/reward setup. A strong breakout and hold above $0.350 would weaken the short idea.
Not financial advice; crypto can move sharply and invalidate levels quickly.
#BitwiseFilesToListNEARETFOnNYSEArca #StrategyProposesDailyDividendsForPreferreds
Current TRX price: around $0.339. �
TradingView
🔻 Short setup
Resistance: $0.348–$0.350
Stronger resistance: $0.369–$0.377
Support 1: $0.322
Support 2: $0.313
Support 3: $0.302 �
CoinLore
Possible short entry: $0.345–$0.350 only after bearish rejection
Stop-loss: $0.354–$0.360
TP1: $0.322
TP2: $0.313
TP3: $0.302
The short-term/hourly picture is currently weaker: one technical source rates the hourly trend Sell, with RSI around 45 and bearish momentum, while the daily trend remains bullish overall. �
CoinLore +1
⚠️ Key point: Don't short blindly at $0.339. A rejection around $0.348–$0.350 gives a cleaner risk/reward setup. A strong breakout and hold above $0.350 would weaken the short idea.
Not financial advice; crypto can move sharply and invalidate levels quickly.
#BitwiseFilesToListNEARETFOnNYSEArca #StrategyProposesDailyDividendsForPreferreds
