$PORTAL is experiencing a bullish breakout continuation, trading at $0.04315 with a 0.23% increase. The price is recovering strongly from the 24-hour low of $0.04210 and is now testing the 24-hour high of $0.0447. Bulls are pressing against resistance, signaling potential continuation if momentum holds.
Key Levels to Watch
- *Immediate Support:* $0.04300 - a crucial level to maintain for continued upward momentum
- *Major Support:* $0.04225 - a significant level that could determine PORTAL's next move
- *Resistance Zone:* $0.04470 breaking above this range could unlock the next leg higher
Trading Strategy
- *Re-entry Zone:* $0.04310-$0.04318 consider entering long positions within this range
- *Targets:*
- *TP1:* $0.04350
- *TP2:* $0.04400
- *TP3:* $0.04475
- *Stop Loss:* $0.04285 - to limit potential losses if the price drops
A confirmed breakout above $0.04475 could unlock the next leg higher. Watching for volume confirmation at $0.04475 could lead to a quick acceleration toward $0.048+ if bulls push through. Be ready to ride the wave...
