⚠️ $PORTAL

/TRY BEARISH SETUP – NEAR-TERM TOP FORMING AFTER +13% RALLY

$PORTAL/TRY is up +13.88%, currently trading at 1.657 TRY, after peaking at 1.687 TRY. However, the price is struggling below key resistance at 1.666 – 1.731, and the heavy volume may be signaling distribution. If 1.601 breaks, expect a deeper pullback.

🔑 Key Levels

Resistance: 1.666 – 1.731

Support: 1.601 (immediate), then 1.535

Current Price: 1.657 TRY

📉 Trade Setup (Short):

Entry Zone: 1.655 – 1.685

Take Profit 1: 1.535

Take Profit 2: 1.420

Stop Loss: 1.740

💡 Short Market Outlook:

PORTAL's price is stretched after a sharp rally, but now encountering strong selling near 1.731. MA(5) is starting to flatten, while volume surges could be from profit-taking. A confirmed drop below 1.601 with momentum will likely accelerate a correction.

⚠️ Risk Management Tips:

Limit trade exposure to 2–3% of capital

Always use a stop-loss above 1.740 TRY

Watch for volume-supported breakdown before entering short

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