TRX/USDT 1H: Distribution in Premium Zone – Downside to $0.2150?

TRX/USDT 1H: Analysis
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Market Condition:

• Price consolidating at $0.2220, maintaining a bearish bias with a distribution pattern evident.
  
• RSI at 42.17 showing hidden bearish divergence, aligning with continued selling pressure.
  
• Market Makers actively distributing within the $0.2230-$0.2250 zone.
  

Key Levels:

• Resistance: $0.2250 (Fair Value Gap - FVG).
  
• Support: $0.2200 (weekly low).
  
• Critical Support: $0.2150 (major liquidity level).
  

Trade Setup:

• Entry Zone: $0.2230-$0.2240.
  
• Targets:
  
• T1: $0.2200 (near-term support).
  
• T2: $0.2150 (critical liquidity level).
  
• Stop Loss: Above $0.2265 (clear invalidation).
  

Risk Score:

• 8/10 – Tight range offers favorable R:R, but high risk due to volatility near key levels.
  

MM Behavior:

• Distribution phase evident at premium levels ($0.2230-$0.2250).
  
• Likely targeting liquidity below $0.2200, with potential sweep of lows before any meaningful reversal.
  

Recommendation:

• Wait for entry at resistance levels between $0.2230-$0.2240. Avoid chasing current price.
  
• Maintain tight stops at $0.2265 to limit risk.
  
• Downside bias suggests further movement toward $0.2150 before potential reversal.
  

Confidence Level:

• 7/10 – Bearish structure supports further downside, but key levels require monitoring for reversals.
  

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