$PORTAL USDT – BEARISH SIGNAL AFTER 23% RALLY! PROFIT-TAKING IN MOTION
REJECTION FROM $0.0454 SWING HIGH
MACD CURVING DOWN – MOMENTUM COOLING OFF
$PORTAL surged over 22% in a powerful rally but is now showing early signs of exhaustion. After tapping a high of $0.0454, price has printed multiple red candles on the 1H chart, indicating profit-taking and a potential short-term reversal.
MACD remains in bullish territory but the histogram is steadily declining and the lines are curling downward – a warning that momentum is fading fast.
Trade Setup:
Short Entry: $0.0424
Targets (TP): $0.0410 / $0.0390
Stop Loss (SL): $0.0455
Caution ahead – PORTAL looks overextended and a correction could follow if it breaks below $0.041 support.
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