$PORTAL /USDT MARKET OUTLOOK – BEARS STILL IN CONTROL BELOW $0.049!
$PORTAL continues to face pressure with a -2.88% drop in the last 24 hours, currently trading at $0.0472. Despite a minor intraday bounce attempt, the price remains well below the $0.0494 resistance. The downtrend from higher timeframes is still intact, with lower highs and persistent sell volume on the 15-minute and 1-hour charts. A break below $0.0463 could trigger further downside toward major demand zones.
Market Outlook:
PORTAL is struggling to gain bullish momentum. Unless we see a clean reclaim of the $0.0494 zone with rising volume, bears will likely continue to dominate. Caution is advised until a clear trend reversal or strong bounce emerges.
Risk Management Note:
Avoid catching falling knives. Wait for confirmation candles or bullish divergence before considering long entries. Always manage exposure with defined risk.
Don’t let this trend trap you — follow the chart, not emotions. Smart moves only on $PORTAL!