🚨 $TRX /USDT at a Tipping Point! 🚨
$TRX /USDT is showing signs of exhaustion within a rising wedge, hinting at potential bearish momentum. Strength appears to be fading as the price approaches a critical decision zone.
💡 Entry Levels:
• Long Entry: Above 0.1705 USDT, targeting a breakout.
• Short Entry: Below 0.1670 USDT, aiming for downside momentum.
📉 Stop Loss:
• Long SL: 0.1685 USDT.
• Short SL: 0.1695 USDT.
⚠️ Market Outlook: With waning strength, a breakdown could trigger further declines. Watch closely for a bearish move if support fails!
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