🔻 $PORTAL
USDT BEARISH – BREAKDOWN CONTINUES WITH NO STRONG BOUNCE IN SIGHT
The price of $PORTALUSDT is currently at 0.0362, down 12.56% in the last 24 hours. The market structure on the 1H chart shows a clear series of lower highs and lower lows, indicating persistent bearish momentum.
📊 Key Levels:
Resistance: 0.0400
Support: 0.0356 (recent low) and 0.0340 (next support zone)
Current Price: 0.0362
💡 Trade Setup (Short):
Entry: 0.0360 – 0.0365
Take Profit (TP): 0.0350 / 0.0340
Stop Loss (SL): 0.0375
📉 Market Outlook: PORTAL continues to trend down after multiple failed bullish attempts. Unless it reclaims 0.0400 strongly, further downside is expected towards 0.0340 in coming sessions.
⚠️ Risk Management: Always use stop loss. Risk only 1-2% of your capital per trade to survive and grow consistently in this volatile market.
buy and trade here on $PORTAL
💬 Comment 🔻 if you are watching this bearish setup unfold!