$TRX pushed into the 0.2985–0.3000 resistance zone but failed to hold above it and got sharply rejected. After the rejection, price printed a strong bearish candle followed by weak follow-up, showing sellers stepped in aggressively and buyers lost control at the highs.

Price is now trading back below the rejection zone, and bounce attempts are shallow, which usually signals continuation to the downside rather than a reversal. As long as $TRX stays below 0.2980, downside pressure remains active. A clean reclaim above resistance would invalidate this idea, but until then the bias stays bearish.

Scalp Trade Plan

Short Setup

Entry Zone: 0.2975 – 0.3000

TP1: 0.2935

TP2: 0.2895

Stop Loss: 0.3035

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Take partial profit at TP1 and move stop-loss to entry to reduce risk.

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Short #TRX Here 👇👇👇

TRX
TRXUSDT
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