Liquidity Grab Ahead? Why TRX (Tron) May Retrace Soon

TRX (Tron) is currently trading near a significant resistance zone, aligning with the upper boundary of a descending channel on the 4-hour timeframe 📉. This area is likely to hold liquidity in the form of buy stops resting above the previous range highs. Given the broader downtrend and the strong resistance overhead, the price may retrace as it taps into this liquidity pool.

This setup presents a compelling short opportunity, with the expectation that TRX will reject this level and move lower, targeting support zones below. Traders should remain cautious and monitor price action closely for confirmation before entering a position ⚠️.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves significant risk, and you should consult with a financial advisor before making any investment decisions. Always trade responsibly! 🚨