$PORTAL /USDT – Bearish Signal Flashing! 🚨
Current Price: $0.0929 (+11.39%)
Market Summary:
$PORTAL recently surged toward $0.0977 but is now showing signs of slowing down, with a clear pattern of lower highs. Sellers are beginning to take control near resistance.
Key Levels:
• Resistance: $0.0960 – $0.0977
• Support: $0.0890 – $0.0860
• 24H Range: $0.0817 – $0.0977
Short Trade Setup:
• Entry Zone: $0.0935 – $0.0955
• Take Profit Targets:
• TP1: $0.0900
• TP2: $0.0880
• TP3: $0.0860
• Stop Loss: Above $0.0985
Market Insight:
Momentum is fading, with rejection candles and lower highs suggesting a potential reversal. A break below $0.0920 could trigger a deeper pullback into stronger support areas.
Pro Tip:
Watch for bearish engulfing candles or volume spikes to confirm entry. If the breakdown gains momentum, consider using a trailing stop to maximize profits toward the TP levels.
$PORTAL is showing cracks—short traders, stay sharp!
