🔴 SHORT SETUP $PORTAL
📍 Entry: 0.01700 - 0.01780 (Sell on bounce / Current Zone)
🛑 SL: 0.01900
🎯 TP1: 0.01650
🎯 TP2: 0.01520
🎯 TP3: 0.01380
Market Analysis:
The 24h high rejection at 0.01992 left a massive upper wick, signaling strong seller interest. With the price now trading below the crucial 0.01800 level, momentum is clearly shifting bearish.
The 24h low at 0.01597 holds the key to the next leg down; a break below this level should trigger quick liquidations of late long positions. While the 7-day and 30-day performance shows short-term gains, the macro chart confirms this is just a relief bounce inside a larger downtrend. Expecting a retest of the lower liquidity zone around 0.01380 - 0.01500 soon.
Trade Here 👇
#PORTAL #PORTALUSDT #cryptosignals #BinanceSquare #futures
📍 Entry: 0.01700 - 0.01780 (Sell on bounce / Current Zone)
🛑 SL: 0.01900
🎯 TP1: 0.01650
🎯 TP2: 0.01520
🎯 TP3: 0.01380
Market Analysis:
The 24h high rejection at 0.01992 left a massive upper wick, signaling strong seller interest. With the price now trading below the crucial 0.01800 level, momentum is clearly shifting bearish.
The 24h low at 0.01597 holds the key to the next leg down; a break below this level should trigger quick liquidations of late long positions. While the 7-day and 30-day performance shows short-term gains, the macro chart confirms this is just a relief bounce inside a larger downtrend. Expecting a retest of the lower liquidity zone around 0.01380 - 0.01500 soon.
Trade Here 👇
#PORTAL #PORTALUSDT #cryptosignals #BinanceSquare #futures
