$PORTAL – Dead Cat Bounce or a Real Reversal?
$PORTAL is trying to get back on its feet, up +13.82% today and sitting at $0.0626, after hitting a low of $0.0535 just a few hours ago. It’s showing some bullish momentum on the 1-hour chart, breaking a short-term downtrend and tagging a local high of $0.0637.
Volume looks okay (~81.73M PORTAL), but it’s not screaming high conviction. The bounce is clean, but how long it lasts is the question.
Now let’s be real for a sec:
Today: Nice pop (+6.52%), good to see some green.
7 Days: Flat. Literally 0.00%, meaning this jump might be just short-term relief.
Last 30–90 days: Still heavily down (-13% to -59%)—painful for holders.
Long-Term (180 Days to 1 Year): Brutal. Down -81.95% and -92.01%. Most people who bought this early on are deep underwater.
What’s the move?
This might just be a bounce in a long downtrend. If you're riding the pump, stay sharp—$PORTAL has a history of pumping fast and dumping even faster. If you’re thinking of buying now, ask yourself if it’s momentum or just hopium.
⚠️ Disclaimer: This isn’t investment advice. Crypto—especially tokens like PORTAL—can be unpredictable, volatile, and risky. Always do your own research, set stop-losses, and don’t throw in money you can’t afford to lose.