This is a clear and actionable short trade signal for u $TRX
/USDT. Here's a breakdown:
Signal Details:
Entry: Short at $0.2530
Stop Loss: $0.2560 (30-pip risk)
Take Profit Levels:
TP1: $0.2500
TP2: $0.2470
Supporting Analysis:
Trend: Bearish momentum observed on the 30-minute chart.
Confirmation: Rejection candle formation and increased selling volume indicate strong bearish pressure.
Risk-Reward:
Risk (SL): 30 pips
Reward:
TP1: 30 pips (1:1)
TP2: 60 pips (2:1)
Execution Tips:
Stick to your entry and exit strategy.
Avoid overleveraging—trade responsibly.
Monitor volume and momentum for potential early exits if needed.
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