Don't get led astray by the pump; the window is the main trend. $PORTAL On the 4-hour chart, the moving averages are pressing down firmly. Price is running below EMA50 and EMA200, and the bearish alignment has not been broken. In this structure, any rebound looks more like a correction than a reversal. Volume has not expanded enough to reverse the trend, and each push higher appears strained, showing that selling pressure still dominates the pace.
I prefer to build short positions in areas where the rebound loses momentum, expecting price to return to lower structural levels. Of course, position size must be controlled, since this is only a medium-confidence setup, not a high-conviction opportunity suitable for heavy sizing.
🔴 Trading direction: Short
📍 Entry range: 0.0122497 – 0.0122753
🛑 Stop loss: 0.0126129
🎯 Take profit 1: 0.0119997
🎯 Take profit 2: 0.0118245
🎯 Take profit 3: 0.0115617
Observe the vastness of the mountains and sea, and the subtle movements of the market.
Walk with Brother Xiong and witness the gains and losses of heaven and earth.
#PORTAL
Click below to trade 👇
I prefer to build short positions in areas where the rebound loses momentum, expecting price to return to lower structural levels. Of course, position size must be controlled, since this is only a medium-confidence setup, not a high-conviction opportunity suitable for heavy sizing.
🔴 Trading direction: Short
📍 Entry range: 0.0122497 – 0.0122753
🛑 Stop loss: 0.0126129
🎯 Take profit 1: 0.0119997
🎯 Take profit 2: 0.0118245
🎯 Take profit 3: 0.0115617
Observe the vastness of the mountains and sea, and the subtle movements of the market.
Walk with Brother Xiong and witness the gains and losses of heaven and earth.
#PORTAL
Click below to trade 👇