๐ PORTAL/USDT โ Review yesterday call (H1)
Honest update โ this one was a loss. No sugarcoating. ๐ซก
Yesterday we called a buy in the $0.0330โ0.0355 zone, with a stop-loss (the price where we cut the trade if it goes wrong) at $0.0300.
Here's what happened: the price did drop back into our buy zone and we got in โ but instead of bouncing back up, it kept falling and went straight through our stop-loss. We got cut out at $0.0300, about a โ10% loss if you followed the plan. ๐
If you took this trade and got stopped out โ sorry, it was a losing one. ๐
What we can learn from it: even before the drop, the chart was quietly warning us. After a big run-up, the price stopped making new highs and the selling started getting heavier (you could see it in the big red candles and rising sell volume). That's usually a sign the buyers are running out of steam and the sellers are taking over. Buying the dip into that kind of weakness is risky โ and this time it didn't pay off.
This is exactly why we only risk 1โ2% of the account on any single trade. One bad call shouldn't hurt you much. ๐ช
Right now PORTAL is sliding lower at ~$0.0215 and is clearly weak. No buy setup here โ better to wait until it stops falling and builds a stronger base before touching it again. โณ
On to the next one. Protect your money, stay patient. ๐
Not financial advice โ always do your own research.
#Portal #smc #wyckoff #Binance
