$PORTAL /USDT BULLISH REVERSAL | POTENTIAL FOR A STRONG RALLY!
Current Price: $0.0568
24h Change: +16.39%
Technical Analysis
PORTAL/USDT is showing a strong bounce from the $0.0487 support zone, followed by a high-volume move toward $0.0660, the recent intraday resistance. Despite a slight pullback, bulls are holding above the $0.0560 short-term support — indicating accumulation and strength for a possible continuation.
Key Levels
🔸 Resistance Levels:
$0.0600 – Minor resistance
$0.0660 – Major resistance
$0.0840 – Breakout target
Support Levels:
$0.0560 – Immediate support
$0.0500 – Strong base
Trade Setup: LONG Entry
Entry: On reclaim or 15m candle close above $0.0600
Targets (TP):
TP1: $0.0660
TP2: $0.0840
Stop Loss (SL): $0.0500 (below base support)
Risk Management
Limit position size to 1-2% of portfolio
Ensure Risk/Reward ratio ≥ 1:2
Avoid chasing — wait for breakout confirmation
🔥
Momentum building fast — eyes on the breakout!
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