$PORTAL Trade Setup: Short (Contrarian/Scalp)
Since the price is hitting a local peak and the RSI is overbought, a pullback is likely before any further continuation.
Entry Zone: $0.01535 - 0.01580
Take Profit 1: 0.01320 (Near MA7)
Take Profit 2: 0.01175 (Strong support near MA25)
Stop Loss: 0.01650 (Above recent wick highs)
Trade Setup: Long (Trend Following)
If you prefer to follow the momentum, wait for a successful retest of support rather than buying at the current "top."
Entry Zone: $0.01320 - 0.01350 (Wait for a dip to the yellow MA7 line)
Take Profit 1: 0.01535 (Current price)
Take Profit 2: 0.01990 (Previous major peak)
Stop Loss: 0.01250
#Portal #PORTALUSDT #PortalFinance