š» $PORTAL USDT BEARISH BREAKDOWN ALERT!
$PORTAL has broken below key support near 0.0300, indicating strong bearish momentum. Sellers are in full control, pushing the price down to retest lower demand zones as buyers remain weak.
š Trade Setup (Short)
Entry Zone: 0.0295 ā 0.0300
Take Profit 1: 0.0285
Take Profit 2: 0.0275
Take Profit 3: 0.0265
Stop Loss: 0.0312
š Short Market Outlook
PORTAL/USDT is maintaining a steep downtrend on the 4H chart with consecutive lower highs and lower lows. If the price fails to reclaim 0.0305 resistance, further selloffs towards 0.0275 can be expected in the coming sessions. Current bearish momentum is supported by increased sell volume.
ā ļø Risk Management
Trade with discipline. Risk 1-2% max per trade to protect your capital in this volatile move.