๐ด $PORTO REJECTS RESISTANCE โ BEARS EYE A DEEPER PULLBACK ๐
Entry: 0.4665 โ 0.4690 โก
Target 1: 0.4580 ๐ฏ
Target 2: 0.4480 ๐ฏ
Target 3: 0.4380 ๐ฏ
Stop Loss: 0.4760 ๐
๐ Price tapped the supply zone near 0.4690 and folded instantly โ volume on the rejection suggests sellers are reloading with confidence. ๐ The daily structure still leans bearish below that resistance, and with momentum fading, a liquidity grab toward 0.4380 looks like the path of least resistance.
๐ป This isn't a random short โ it's a clean supply-demand flip. Each target sits at prior support levels that turned into probable magnets once the higher timeframe bias confirmed weakness. ๐ก The risk-to-reward on the first two targets alone justifies the setup. ๐ฌ Are you waiting for a retest of resistance or already positioned for the slide? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PORTO #ShortSetup #Bearish #Crypto #Futures
๐ก๏ธ ๐ฏ
Entry: 0.4665 โ 0.4690 โก
Target 1: 0.4580 ๐ฏ
Target 2: 0.4480 ๐ฏ
Target 3: 0.4380 ๐ฏ
Stop Loss: 0.4760 ๐
๐ Price tapped the supply zone near 0.4690 and folded instantly โ volume on the rejection suggests sellers are reloading with confidence. ๐ The daily structure still leans bearish below that resistance, and with momentum fading, a liquidity grab toward 0.4380 looks like the path of least resistance.
๐ป This isn't a random short โ it's a clean supply-demand flip. Each target sits at prior support levels that turned into probable magnets once the higher timeframe bias confirmed weakness. ๐ก The risk-to-reward on the first two targets alone justifies the setup. ๐ฌ Are you waiting for a retest of resistance or already positioned for the slide? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PORTO #ShortSetup #Bearish #Crypto #Futures
๐ก๏ธ ๐ฏ
