$PORTAL is trading near an important support zone around $0.0120–0.0125. The price is below the 7-day and 25-day moving averages, which suggests short-term weakness, but it is still holding above the 99-day MA, so buyers may try to defend this area.
Trade Setup
Entry: $0.0125–0.0128
Stop Loss: $0.0116
Take Profit 1: $0.0138
Take Profit 2: $0.0148
Take Profit 3: $0.0165
Quick View
PORTAL is sitting at a key support level. A bounce from here could push the price toward $0.0148–0.0165. If the price falls below $0.0116, the bullish setup becomes weak, so managing risk with a stop loss is important. #PORTAL #ETC