$PORTAL šØ PORTAL Heads Downward šā ļø | Bearish Momentum Accelerates š»š„
PORTAL is showing clear signs of weakness as it dives deeper into a bearish trend šš». Sellers are taking control, pushing prices lower and threatening key support levels.
š Technical indicators confirm the downtrend:
The RSI is falling, signaling diminishing buying strength and increasing sell pressure šÆā¬ļø.
The MACD remains in bearish territory, reinforcing downward momentum šš».
š„ Volume surges on red candles indicate active selling and liquidation šš„. Buy volume has dropped sharply, showing lack of demand.
š¦ On-chain data shows rising exchange inflows, with tokens moving onto exchanges likely for selling šš¤. Whale wallets are offloading positions, adding to the bearish pressure šā ļø.
š¬ Social sentiment has cooled, with less chatter and waning community interest šš§. Traders are cautious and awaiting clearer signals.
ā ļø Risk management is essential ā avoid chasing the downside and use tight stops š§ āļø. Patience and discipline are key to weathering this bearish phase.
If support breaks decisively, PORTAL could face further declines. Stay alert and protect your capital šš”ļø.
ā ļø Not financial advice ā always DYOR š§ š
šš»šš¦ššā ļøš„š¤š§ šš”ļøš