$PORTAL
Market Overview:
Current Price: $0.0574
24h Change: -25.16% (Strong bearish momentum)
24h High / Low: $0.0780 / $0.0556
Trend: Strong downtrend following a sharp sell-off
Key Moving Averages:
MA(7): $0.0582 (near price)
MA(25): $0.0649 (intermediate resistance)
MA(99): $0.0755 (long-term resistance)
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1. Entry Points:
Aggressive Entry (Dip buying):
Entry Zone: $0.0560–$0.0575
(Near the 24h low and price showing short-term base formation)
Conservative Entry (Confirmation-based):
Entry: Above $0.0600
(If the price breaks above MA(7) and closes on volume)
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2. Stop-Loss Placement:
Tight SL: $0.0548 (Below local support at $0.0556)
Wide SL: $0.0520 (Allows for more volatility but higher risk)
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3. Take-Profit Targets:
TP1: $0.0605 – short-term reaction high / MA(7) cross
TP2: $0.0645 – MA(25) and former support
TP3: $0.0710 – prior breakdown zone and psychological resistance
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Example Trade Setup (Aggressive):
Entry: $0.0570
Stop-Loss: $0.0548 (-3.9%)
TP1: $0.0605 (+6.1%)
TP2: $0.0645 (+13.2%)
TP3: $0.0710 (+24.6%)