$PORTAL
/ Short Trade Signal 💯🔥🔥
🔍 Analysis:
$PORTO respects the descending channel on the 30-minute chart, showing strong resistance at $1.60. The price has recently rejected the upper trend line, indicating the possibility of further decline.
📈 Trade Setup:
• Entry: $1.575
• Stop Loss (SL): $1.605 (above resistance)
• Take Profit (TP1): $1.550
• Take Profit (TP2): $1.520
🎯 Risk Management:
Lock a portion of profits at TP1. Follow your SL to breakeven after the first target is reached. Maintain strict discipline with SL to avoid unnecessary losses.
📊 Key Levels:
• Resistance: $1.60
• Support: $