TRON (TRX): Bearish Momentum Continues as Price Approaches Key
🔥 Potential Price Targets for Next Month:
🩸 Near-term Goal: $0.24
🩸 Long-term Goal: $0.19
🔥 FinCaesar's Strategy:
🩸 Short: Below $0.25, targeting $0.24 and $0.19. Bearish MACD momentum and consistent selling pressure suggest further declines.
🩸 Long: Above $0.28, aiming for $0.30 and $0.32. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $0.28 — A critical level for bullish momentum to challenge.
🩸 Support: $0.19 — A breakdown below this level could signal further downward movement.
TRON remains in a bearish setup, with MACD showing weakness and the price failing to break above resistance. A failure to hold $0.19 may lead to deeper declines in the coming month.
👑 "Victory comes to those who act decisively—don't hesitate." — FinCaesar
🩸 Near-term Goal: $0.24
🩸 Long-term Goal: $0.19
🔥 FinCaesar's Strategy:
🩸 Short: Below $0.25, targeting $0.24 and $0.19. Bearish MACD momentum and consistent selling pressure suggest further declines.
🩸 Long: Above $0.28, aiming for $0.30 and $0.32. A reversal would require significant bullish volume, which remains uncertain.
🔥 FinCaesar's Commands:
🩸 Resistance: $0.28 — A critical level for bullish momentum to challenge.
🩸 Support: $0.19 — A breakdown below this level could signal further downward movement.
TRON remains in a bearish setup, with MACD showing weakness and the price failing to break above resistance. A failure to hold $0.19 may lead to deeper declines in the coming month.
👑 "Victory comes to those who act decisively—don't hesitate." — FinCaesar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.