TRX/USDT Perpetual Contract
Short
Updated

Tron (TRX): Bearish CME + Signs of Weakness

260
We are seeing a possible downward movement to occur on Tron coin, where recently we have broken from that pattern of BOS on a bullish trend where we had a decent sell-off, which showed the dominance of sellers in that region.

As we are seeing a smaller bullish overtake now, we expect to see something like a "double top" pattern, where afterwards we want to see a break of the neckline/support, which then would result in a market structure break and give us a good entry for short.

Swallow Academy
Trade closed: target reached
snapshot

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