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Trade Idea: TRX SHORT

Opened 2025-10-17 07:16:00 · Valid until 2025-10-18 07:16:00 · Closed 2025-10-17 11:17:02 · Triggered 2025-10-17 07:42:02
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 2.00 Conf 75% Scalp hours
Entry 0.31000000
Stop 0.31500000
TP 0.30500000 / 0.30200000 / 0.30000000
Live 0.32045200
ROI -3.37% (vs entry)

Thesis and checks

Considering the current bearish trend in TRX, a short position is favored based on recent price action.

  • The 5m chart shows a clear rejection at the $0.315 resistance level, indicating strong selling pressure.
  • The 15m RSI is showing overbought conditions, suggesting a potential reversal.

Trade ideas are educational. Manage risk and position size.