🔻 $PORTAL

USDT BEARISH RETRACEMENT – SELLERS TAKING CONTROL!

PORTALUSDT has faced strong rejection from the 0.0428 resistance zone and is now showing a clear bearish retracement on the 1H timeframe. The failure to hold above 0.0400 indicates weakness with increasing selling pressure.

🔑 Key Levels:

Support: 0.0358 (24h Low)

Resistance: 0.0428 (24h High)

Current Price: 0.0386

📉 Trade Setup:

SHORT ENTRY: 0.0385 – 0.0390

TARGET 1: 0.0375

TARGET 2: 0.0365

TARGET 3: 0.0358

STOP LOSS: 0.0402

📊 Market Outlook:

Market structure is bearish with lower highs forming after the sharp rejection at 0.0428. If the price breaks below 0.0380, further downside towards the major support at 0.0358 is expected. Volume is declining, showing lack of bullish momentum for now.

⚠️ Risk Management:

Always risk only 1-2% of your capital per trade. Place stop loss as planned and avoid overexposing your portfolio in fast retracement setups.

💬 Comment 🟥 if you see this bearish move coming!

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