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$TRX Now looking at TRX, the price is around 0.3184 USDT. Over the past 24 hours, the fluctuation is approximately +0.09%.
I'm not focusing on the rise and fall first, but whether this position is worth touching.
In the short term, I still lean towards bearish.
Here are the few points I will first consider:
First, this wave of increase looks more like an emotional surge, and the follow-up relay hasn't caught up yet.
Second, the active buying is not decisive enough, and there's still a gap before an upward breakthrough.
Additionally, the continuation after the spike is generally weak, and chasing longs at this point can land you in an awkward position.
If I really want to trade, I prefer this approach: top sweep high, waterfall short / rebound bull trap, then second waterfall short / break support to chase short.
Suggested entry price: 0.3209 USDT
Initial target: 0.3018 USDT
Stop-loss reference: 0.3286 USDT
Signal to admit mistake: 5-minute reclaim resistance / 15-minute reclaim sweep high
Risk-reward ratio reference: 2.50R
The most feared thing at such times is itchy hands; waiting for a clearer signal makes trading easier.