$TRX Testing Resistance — Is a Pullback Coming?
$TRX has been climbing steadily and is now approaching a key resistance zone around $0.3370. If buyers fail to push through this level, sellers could step in and trigger a short-term correction.
I'm watching this zone closely for a clear rejection before considering a move to the downside.
SHORT TRADE SETUP
Entry Zone: $0.3368 – $0.3375
Take Profit Targets:
TP1: $0.3355
TP2: $0.3330
Final TP: $0.3300
Stop Loss: $0.3410
Key Levels to Watch
A strong rejection near resistance could give sellers an opportunity to push $TRX toward $0.3355 and $0.3330, with $0.3300 as the final downside target.
However, if price breaks above resistance and holds, the bearish setup could lose its validity. Confirmation is key before entering.
My main target remains $0.3300, provided sellers take control.
Will TRX reject resistance and move lower, or will bulls continue the rally?
Keep an eye on the price action around $0.3370.
$TRX has been climbing steadily and is now approaching a key resistance zone around $0.3370. If buyers fail to push through this level, sellers could step in and trigger a short-term correction.
I'm watching this zone closely for a clear rejection before considering a move to the downside.
SHORT TRADE SETUP
Entry Zone: $0.3368 – $0.3375
Take Profit Targets:
TP1: $0.3355
TP2: $0.3330
Final TP: $0.3300
Stop Loss: $0.3410
Key Levels to Watch
A strong rejection near resistance could give sellers an opportunity to push $TRX toward $0.3355 and $0.3330, with $0.3300 as the final downside target.
However, if price breaks above resistance and holds, the bearish setup could lose its validity. Confirmation is key before entering.
My main target remains $0.3300, provided sellers take control.
Will TRX reject resistance and move lower, or will bulls continue the rally?
Keep an eye on the price action around $0.3370.