$TRX Trade Idea (Short Position)

Entry: 0.36700

Take Profit: 0.36000

Stop Loss: 0.3750โ€“ 0.3800

๐Ÿ”Ž Analysis:

Strong resistance spotted near 0.3674, making it a good level for a short entry.

RSI ~62, close to overbought โ†’ supports potential downside.

SAR is above the price โ†’ bearish indication.

MACD shows weak momentum with no strong bullish crossover.

โœ… This setup looks good for a short-term short trade aiming at 0.3600.

โš ๏ธ Make sure to stick to the stop-loss, because a breakout above 0.3675 could push the price toward 0.3720.

TRX
TRX
0.3199
-0.71%