$PORTAL /USDT Reclaims $0.073 — Is This the Start of a Bigger Shift🤔🔐👇
Market Outlook 📊
$PORTAL is showing strong momentum on both the 1H and 1D charts, currently trading around $0.0733. The breakout above $0.0715 marks a bullish structure reclaim after a deep correction phase. On the 1H timeframe, price has been climbing steadily post-CHoCH, now entering a thick supply zone near $0.0800.
On the 1D chart, the recent bullish candle has broken above a key CHoCH resistance, potentially reversing the downtrend. However, price is nearing the 1D EMA cluster and major supply zones between $0.0800–$0.1149, requiring confirmation for continuation.
Formed Candle & Trend Signals:📊
1H Chart: Clear uptrend, steady climb through EMAs, Stochastic RSI nearing overbought (74–80)
1D Chart: Price has broken previous CHoCH zone with strength; EMA resistance approaching
Stochastic RSI (1D): Turning up, signaling renewed bullish pressure
Trade Strategy (Buy Bias):💥
Entry 1: Retest zone around $0.0715–$0.0700✅
Entry 2: Breakout confirmation above $0.0800✅
Target 1: $0.0900🎯
Target 2: $0.1040🎯
Stop Loss: Below $0.0690☣️
Risk-Reward: 1:2+ if breakout confirms over EMA barriers
Market Insight:🧑💻
$PORTAL is attempting a major trend shift after a long accumulation. Watch for breakout confirmation beyond $0.080 for sustained upside. Dip entries near $0.0715 can be valuable with a structured stop and confirmation.
Disclaimer:⚠️
This analysis is for educational purposes only. Cryptocurrency trading is subject to high risk. Always do your own research and use proper risk management.