๐ด $PORTAL/USDT โ PRIORITIZE SHORTS!
PORTAL is showing signs of weakness on the 1H timeframe, with the price below both the EMA50 and EMA200. RSI is only at 34.5, and sellers remain in control.
๐ Entry zone: 0.01176 โ 0.01179
๐ฏ TP1: 0.01160
๐ฏ TP2: 0.01148
๐ฏ TP3: 0.01130
๐ SL: 0.01201
โ ๏ธ Note: The price is quite far from the EMA50 (โ3.5 ATR), so selling pressure could soon trigger a technical rebound. Use a smaller position and avoid high leverage.
Plan: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. Move the SL to the entry price after TP1 is reached. Do you think PORTAL has enough downward pressure to reach TP1?
PORTAL is showing signs of weakness on the 1H timeframe, with the price below both the EMA50 and EMA200. RSI is only at 34.5, and sellers remain in control.
๐ Entry zone: 0.01176 โ 0.01179
๐ฏ TP1: 0.01160
๐ฏ TP2: 0.01148
๐ฏ TP3: 0.01130
๐ SL: 0.01201
โ ๏ธ Note: The price is quite far from the EMA50 (โ3.5 ATR), so selling pressure could soon trigger a technical rebound. Use a smaller position and avoid high leverage.
Plan: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. Move the SL to the entry price after TP1 is reached. Do you think PORTAL has enough downward pressure to reach TP1?
