$TRX /USDT Short Opportunity!🔥💯
🔸 Entry Zone: 0.2450 - 0.2460
🔸 Stop Loss (SL): 0.2480
🔸 Take Profit (TP1): 0.2425
🔸 Take Profit (TP2): 0.2400
Analysis:
TRX/USDT is trading within a descending channel, with recent price action rejecting the upper trendline. The short-term resistance around 0.2460 presents an ideal entry point for a short position. Momentum favors downside continuation toward the channel’s lower boundary.
📉 Short-term strategy: Enter near resistance, protect capital with a tight SL, and aim for profits near support levels.
Recommendation:
• Scale out profits at TP1 to secure gains.
• Monitor price action near TP2 for a potential reversal or continuation.