📉 $PORTAL /USDT – Entering Oversold Territory with Bounce Setup in Sight
💵 Live Price: $0.0621 (-6.48%)
After consistent downward pressure, $PORTAL is now stabilizing just above its daily low. Price action suggests the possibility of a technical rebound as oversold signals start to emerge.
📊 Chart Outlook:
📉 Trend remains bearish but slowing
📍 Range tightening between $0.0612 and $0.0625
📉 Lower timeframe indicators flashing exhaustion
📌 Crucial Price Levels:
🔼 Resistance Zones:
• $0.0635
• $0.0650
🔽 Support Base:
• $0.0612 (Daily Bottom)
📈 Trade Plan – Bounce Speculation:
📥 Entry Range: $0.0610 – $0.0625
🎯 Target 1: $0.0645
🎯 Target 2: $0.0665
🎯 Target 3: $0.0679
🛑 Stop-Loss: $0.0604
💡 Expert Note:
This is a high-risk counter-trend move. Only engage if you can monitor it actively. A breakdown below $0.0612 could lead to deeper selling, so avoid aggressive entries without clear volume support.
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