Based on the 4H chart,$USDC PORTALUSDT is still bullish overall, despite the current red candle.
Why Bullish?
✅ Price is trading well above MA(7), MA(25), and MA(99).
✅ Strong breakout from the 0.0080–0.0100 accumulation zone.
✅ Large bullish volume accompanied the move upward.
✅ Current red candle looks like profit-taking after a sharp rally, not a confirmed trend reversal yet.
Key Levels
Resistance: 0.0150 → 0.0196
Support: 0.0123 → 0.0110
Bullish above: 0.0123
Bearish only if: price loses 0.0110 with strong selling volume
What to Select?
🟢 Bullish
Short Post
PORTALUSDT remains bullish on the 4H timeframe after a strong breakout and volume expansion. Current pullback appears to be healthy profit-taking while price holds above key moving averages. Bulls remain in control as long as support around 0.0123–0.0110 holds. Targeting a retest of higher resistance levels if momentum continues.
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