Trade Idea: TRX SHORT
Opened 2026-01-12 00:00:53 · Valid until 2026-01-13 00:00:53 · Triggered 2026-01-12 00:28:02 · Closed 2026-01-13 01:01:01
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 1.70
Conf 75%
Scalp
hours
Entry
0.29900000
Stop
0.30300000
Targets
0.29300000 / 0.29000000 / 0.28700000
Live price
0.30735700
Live ROI
-2.79%
vs entry
Idea ID
#6712
Now
Entry
Stop
TP
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Thesis and checks
TRX shows a short-term bearish setup suitable for a scalp trade based on multi-timeframe analysis.
- 5m chart: Price recently broke below a short-term support level near $0.300 with increasing volume, indicating selling pressure.
- 15m chart: RSI is below 50 and trending down, confirming momentum favors bears.
- 1h chart: Price is below the 20 EMA and 50 EMA with a bearish crossover, supporting continuation of downside.
- Current price near $0.299 aligns well with entry; stop loss just above recent minor resistance at $0.303 limits risk.
- Targets set near recent lows provide a risk-reward ratio above 1.6, fitting scalp duration within hours.
Trade ideas are educational. Manage risk and position size.