The move is underway, but I’m still choosing to stay calm and watch. $PORTAL has bounced without much volume, and the four-hour and one-hour trends are still pointing down. The moving averages are weighing on price, and sellers clearly have the upper hand. I’d rather treat this kind of rebound as an opportunity for bears. The biggest mistake in trading is rushing to chase after seeing a single bullish candle. Until a key level breaks, the direction hasn’t really changed.
The area above is the resistance zone I’m watching. If price can’t hold there after rebounding, there’ll be room for it to move lower. The daily chart is still in a range, so I’ll keep my position size light: take some profit first, then move the stop on the rest to breakeven. Don’t let short-term fluctuations sway you—the structure is what matters.
🔴 Trade direction: Short
📍 Entry range: 0.0151662 – 0.0151951
🛑 Stop loss: 0.0155454
🎯 Take profit 1: 0.0149070
🎯 Take profit 2: 0.0147247
🎯 Take profit 3: 0.0144511
There’s no need to chase the prevailing trend; it will come to you in time.
Stand alongside Sister Li, and let every moment leave an echo.
#PORTAL
Tap below to trade 👇
The area above is the resistance zone I’m watching. If price can’t hold there after rebounding, there’ll be room for it to move lower. The daily chart is still in a range, so I’ll keep my position size light: take some profit first, then move the stop on the rest to breakeven. Don’t let short-term fluctuations sway you—the structure is what matters.
🔴 Trade direction: Short
📍 Entry range: 0.0151662 – 0.0151951
🛑 Stop loss: 0.0155454
🎯 Take profit 1: 0.0149070
🎯 Take profit 2: 0.0147247
🎯 Take profit 3: 0.0144511
There’s no need to chase the prevailing trend; it will come to you in time.
Stand alongside Sister Li, and let every moment leave an echo.
#PORTAL
Tap below to trade 👇