$TRX | SHORT 🔴
TRX Price Expected to Continue Downtrend
📊 Price 0.3510 | 24h +0.37% | Vol $32.6M
🎯 Thesis: The downtrend in TRX price is expected to continue due to the bearish chart structure, with the close price below SMA7 and SMA25, and a bearish last candle, indicating a strong selling pressure.
📍 Levels: Entry near 0.351, stop beyond 0.3775, target toward 0.3293
⚠️ Risk: The risk for this trade is the potential for a reversal of the downtrend, which could result in a loss if the stop level is not set correctly…
#BinanceSquare #Short