PORTAL Token Surges 23% on Binance as Trading Volumes Spike and Bullish Signals Emerge

PORTALUSDT experienced a notable price increase of 23.43% over the past 24 hours on Binance, rising from 0.0286 to 0.0353 USDT. This upward movement is attributed to heightened trading activity, as reflected in the spot trading volume of 59 million tokens and futures trading volume of 313 million tokens, as well as technical indicators such as a bullish MACD crossover and increased buying pressure highlighted by traders on social media. The price action follows a period of significant decline over the past month and year, but recent discussions indicate a potential bullish breakout attempt, with some traders identifying long trade setups around the 0.0312–0.0316 range. However, caution remains due to previous bearish momentum and the need to reclaim key resistance levels. Portal (PORTAL) currently trades at 0.0353 USDT on Binance with a 24-hour trading volume of approximately $38.75 million and a market capitalization near $19.57 million, supported by a circulating supply of about 569.8 million tokens.