Look at the way $TRX is bleeding out right now.
That 0.2822 level is the only thing keeping us from a complete breakdown. We’ve been printing lower highs all day and the latest hourly candle is looking really heavy. It’s basically hugging the 24h low of 0.2820.
Volume is sitting at 27.5M USDT which isn't massive, but the sell side in the order book is definitely starting to stack up. About 54% of the orders are leaning bearish right now. If we lose 0.2820, there isn't much historical support nearby to stop a quick flush.
I’m watching for a potential sweep of the lows to grab liquidity before any bounce. If it just breaks and closes below 0.2815, it’s probably lights out for this setup.
#CryptoSurvivalGuide
That 0.2822 level is the only thing keeping us from a complete breakdown. We’ve been printing lower highs all day and the latest hourly candle is looking really heavy. It’s basically hugging the 24h low of 0.2820.
Volume is sitting at 27.5M USDT which isn't massive, but the sell side in the order book is definitely starting to stack up. About 54% of the orders are leaning bearish right now. If we lose 0.2820, there isn't much historical support nearby to stop a quick flush.
I’m watching for a potential sweep of the lows to grab liquidity before any bounce. If it just breaks and closes below 0.2815, it’s probably lights out for this setup.
#CryptoSurvivalGuide
