$TRX Currently around 0.3162 USDT. Today’s price movement has a fluctuation range of about -0.63%.


I’m more concerned about whether there will be an opportunity to enter and execute a trade at this level.
In the short term, I still lean bearish. $TRX

At this level, I’ll first look at the following:
First, the order book shows a bit of lag and “out-of-sync” follow-through—continuing to hard-chase isn’t worth it.
Next, after a spike up, the continuation is generally weak; chasing longs may mean you end up buying into an awkward spot.
Also, the price is already close to the resistance zone, so the upside potential and risk-reward are both mediocre.

For this kind of setup, I usually handle it in this rhythm: top sweep high for a waterfall short / rebound to lure longs, then a second waterfall short / break support to enter a short on the breakdown.
My entry level to watch: 0.3189 USDT
First, look at this target: 0.2999 USDT
The level to cut if it’s wrong: 0.3265 USDT
Signals that my judgment is wrong: 5m rebound meets resistance / 15m rebound reaches the peak high point
Risk-reward ratio reference: 2.50R

If it doesn’t reach the level I want, don’t rush to act.
TRX-0.36%
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