Opportunities and traps often appear together, and that’s exactly what’s happening with $PORTAL right now—the rebound looks like an opportunity, but it’s more like handing the bears a weapon. On the four-hour chart, the price has stayed below both moving averages, with a clear bearish alignment. We have to respect the structure. The price keeps getting pushed back near the moving averages above, and volume hasn’t backed the bulls either. Chasing a rebound in conditions like these can easily lead to a trap.
Personally, I’d favor following the trend, keeping positions small, and not getting greedy. How much further down do you think this move has to go?
🔴 Trade Direction: Short
📍 Entry Range: 0.0120751 – 0.0120993
🛑 Stop Loss: 0.0123683
🎯 Take Profit 1: 0.0118763
🎯 Take Profit 2: 0.0117357
🎯 Take Profit 3: 0.0115248
No need to chase the latest trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#PORTAL
Click below to trade 👇
Personally, I’d favor following the trend, keeping positions small, and not getting greedy. How much further down do you think this move has to go?
🔴 Trade Direction: Short
📍 Entry Range: 0.0120751 – 0.0120993
🛑 Stop Loss: 0.0123683
🎯 Take Profit 1: 0.0118763
🎯 Take Profit 2: 0.0117357
🎯 Take Profit 3: 0.0115248
No need to chase the latest trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#PORTAL
Click below to trade 👇