The SKHYNIX strategy I shared earlier has now successfully reached its profit target. The final bearish signal has appeared: $PORTAL is showing a bearish alignment on both the 4-hour and 1-hour charts, with price trading below the moving averages. In this structure, a rebound looks more like an opportunity for bears to re-enter. The moving averages are stacked in a textbook bearish formation, and the medium-term trend line has turned downward and is acting as resistance. Every short-term bounce has failed to hold above key levels, and volume has not expanded to support the move. In this market rhythm, I prefer to follow the structure rather than try to call the bottom.
The overhead selling zone is clear. As long as a rebound does not break above the structural high, the path downward remains open. Enter with a light position and take profits in stages—don’t mistake a rebound for a reversal.
🔴 Trade direction: Short
📍 Entry range: 0.0126347 – 0.0126649
🛑 Stop loss: 0.0130837
🎯 Take profit 1: 0.0123244
🎯 Take profit 2: 0.0121074
🎯 Take profit 3: 0.0117820
Take in the vastness of mountains and seas; observe the market’s subtle movements.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#PORTAL
Click below to trade 👇
The overhead selling zone is clear. As long as a rebound does not break above the structural high, the path downward remains open. Enter with a light position and take profits in stages—don’t mistake a rebound for a reversal.
🔴 Trade direction: Short
📍 Entry range: 0.0126347 – 0.0126649
🛑 Stop loss: 0.0130837
🎯 Take profit 1: 0.0123244
🎯 Take profit 2: 0.0121074
🎯 Take profit 3: 0.0117820
Take in the vastness of mountains and seas; observe the market’s subtle movements.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#PORTAL
Click below to trade 👇