Price is already moving down on the 4h

🔮 SHORT $PORTAL /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 0.0158422 – 0.0158978
TP1: 0.0153612 (-3.2%)
TP2: 0.0150220 (-5.3%)
TP3: 0.0145132 (-8.5%)
SL: 0.0165484 (+4.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.

Why SHORT? 7/12 signals agree, 1 against.
‱ 4h trend down (below EMA50 & EMA200)
‱ 1h trend down (below EMA50 & EMA200)
‱ Sellers are driving the move (15m ADX 42.3)
Risk: Price is washed out, bounces are common from here (1h RSI 24.9, oversold)

Q: Why short against a range daily trend?
A: The 4h stack is bearish, keeping the move down.

Q: When is this trade wrong?
A: A bounce above 0.0165484 means the short is invalidated.

Where do you set your level for this trade?

Full setup on the chart below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.