This isn’t calm—it’s the undercurrent speaking. The four-hour price structure for $PORTAL is facing mounting pressure, the moving averages are clearly aligned bearishly, and rebound highs keep moving lower. Given this rhythm, I’m inclined to follow the trend and look for downside. The one-hour chart also shows no signs of stabilizing; the seller-dominated volume structure remains in place, and the ADX reading confirms the current trend’s momentum. Resistance is concentrated above key levels, making a rebound more likely to be a correction than a reversal.

Although the daily chart is moving sideways within a range, the bearish confluence on the four-hour and one-hour charts is enough to support a small-position test. The closer the rebound gets to the resistance zone, the better the risk-reward, with stop-loss exposure remaining relatively manageable. At this point, I’d rather wait for the rebound to lose steam before entering than chase the drop.

🔴 Trade direction: Short
📍 Entry range: 0.0143768 – 0.0144200
🛑 Stop loss: 0.0148319
🎯 Take profit 1: 0.0140733
🎯 Take profit 2: 0.0138566
🎯 Take profit 3: 0.0135314

Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the market’s gains and losses.

#PORTAL

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