$PORTAL FADED SPIKE — BEARISH PRESSURE BUILDING

After a sharp upside spike, $PORTAL is beginning to show classic signs of exhaustion. Repeated rejection around the 0.0520 zone and the formation of lower highs on the 1H chart point toward a weakening bullish momentum. Selling volume is increasing, suggesting a strong possibility of further downside if the current structure fails to hold.

Short Trade Setup

Entry Zone: 0.0488 – 0.0495

Stop Loss: Above 0.0505

Targets:

• TP1: 0.0470

• TP2: 0.0450

• TP3: 0.0430

Market Outlook:

Price action is starting to tilt bearish with reduced buying interest and growing rejection near resistance. A volume breakdown below the entry zone could trigger strong follow-through toward the lower support levels. Watch closely for confirmation before entering.

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