$PORTAL FADED SPIKE — BEARISH PRESSURE BUILDING
After a sharp upside spike, $PORTAL is beginning to show classic signs of exhaustion. Repeated rejection around the 0.0520 zone and the formation of lower highs on the 1H chart point toward a weakening bullish momentum. Selling volume is increasing, suggesting a strong possibility of further downside if the current structure fails to hold.
Short Trade Setup
Entry Zone: 0.0488 – 0.0495
Stop Loss: Above 0.0505
Targets:
• TP1: 0.0470
• TP2: 0.0450
• TP3: 0.0430