$PORTAL /USDT – Oversold Zone With Reversal Potential! 📉
Current Price: $0.0621 (-6.48%)
$PORTAL has experienced heavy selling pressure but is now consolidating just above the 24H low, signaling potential for a short-term bounce or reversal.
📊 Market Structure:
Continuous downtrend with signs of base formation
Currently ranging between $0.0612 and $0.0625
RSI likely oversold on lower timeframes
🔍 Key Levels:
Resistance: $0.0635 / $0.0650
Support: $0.0612 (24H Low)
📈 Reversal Trade Setup (High Risk/Reward):
Entry Zone: $0.0610 – $0.0625
TP1: $0.0645
TP2: $0.0665
TP3: $0.0679
Stop Loss: $0.0604
💡 Pro Tip:
This is a speculative bounce play. Use tight risk control and monitor volume closely. If $0.0612 breaks, avoid catching a falling knife.
A bounce could be brewing from the bottom – but only for the brave and strategic!
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