$PORTAL
Current due to pull back the selling pressure is decreasing. Early sellers are going out making room for buyers and a renewed bull momentum to atleast 0.41
PORTAL/USDT (15 min) Technical Snapshot
As of July 9, 2025 • 4:23 PM IST
Current Price: 0.0386 USDT (–3.50% today)
15 min High→Low: 0.0398 → 0.0367
Moving Averages & Bands
MA (7/25/99): 0.0388 / 0.0381 / 0.0382
EMA (7/25/99): 0.0387 / 0.0383 / 0.0384
Bollinger Bands (20, 2σ):
Upper 0.0396 | Middle 0.0383 | Lower 0.0369
Price has retraced to the 25‑period MA after briefly testing the upper BB, signaling a short‑term pullback into key support.
Momentum & Volume
MACD: DIF 0.0003 vs DEA 0.0003 (flat histogram) – momentum has stalled.
RSI (6): 48.7 – neutral, with room both ways.
Recent Volume:
Typical bars ~0.5–1 M; peak bars ~3 M during the run to 0.0398.
Volume tapering on the pullback suggests selling pressure is easing.
Sudden Volume Spike – Significance
The sharp increase to ~3 M volume on the candle that marked the 0.0398 high indicates a liquidity sweep at the upper BB:
Stop‑Run & Reversal: Break above BB likely ran stops, then large sellers absorbed buys, causing the reversal.
Short‑Term Pivot: That 0.0398 level now acts as strong resistance; failure to reclaim it on volume implies further pullback.
Support Test: The bounce off the 25‑MA (0.0381) with declining volume is healthy—watch for renewed buyers around 0.0380–0.0381.
Outlook & Probability
Bull Case: Hold above MA (25) at 0.0381 and reclaim 0.0390–0.0392 on rising volume → targets 0.0400–0.0405.
Bear Case: Drop below 0.0380 → test lower BB at 0.0369 and then 0.0367.
Likelihood of Upside: ~55% chance of a relief rally to 0.0400 within the next 1–3 hours if volume picks up above 1 M on green bars.
Keep stops just below the 25‑MA and watch volume to gauge conviction.
