$TRX Long Position Liquidated
Liquidation Amount: $104K
Price Level: $0.377
A $104K $TRX long position was wiped out at $0.377, showing that bears are dominating this range. Traders should brace for potential downward pressure if bulls fail to regain control.
Next Market Move:
• Resistance Zone: $TRX must break above $0.38 to regain upward momentum.
• Key Supports: Watch for possible stabilization around $0.370 and $0.365.
Strategy Insight:
Scalpers may find short opportunities on retests of resistance.
Swing traders should wait for clearer direction at support levels.
Navigate carefully—keep emotions out of trading decisions!
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