🚨 $PORTAL

/TRY BEARISH SETUP – PROFIT-TAKING EXPECTED AFTER +11% SURGE

$PORTAL/TRY has pumped +11.04%, touching a high of 1.687 TRY, but it's now facing resistance as momentum fades. Price is approaching overextended levels with declining follow-through. A drop below 1.601 may confirm a local top and open downside potential.

🔑 Key Levels

Resistance: 1.666 – 1.731

Support: 1.601 (immediate), then 1.470

Current Price: 1.650 TRY

📊 Trade Setup (Short):

Entry Zone: 1.650 – 1.685

Take Profit 1: 1.535

Take Profit 2: 1.420

Stop Loss: 1.750

💡 Short Market Outlook:

After a strong rally, PORTAL is entering a possible profit-taking zone. MA(5) is significantly above MA(10), indicating a short-term overheated move. Price is testing supply above 1.66 without strong continuation. A breakdown below 1.60 could attract aggressive sellers.

⚠️ Risk Management:

Keep trade size to 2–3% of wallet capital

Use a stop-loss at 1.750 TRY (above resistance zone)

Confirm entry only after 1.601 breaks with volume

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