$PORTAL
PORTAL
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/USDT BEARISH SHORT TERM PULLBACK AFTER IMPULSE RALLY
The recent strong impulsive move has pushed the pair into a distribution zone near key resistance, showing signs of exhaustion after a sharp 24h rally. Price action is now struggling to sustain above mid-range levels, indicating potential retracement toward lower support zones.
ENTRY (SHORT): 0.01700 – 0.01730
STOP LOSS (SL): 0.01850
TAKE PROFIT (TP):
TP1: 0.01420
TP2: 0.01270
TP3: 0.01160
Market structure suggests profit booking after the spike, with liquidity likely to be swept toward previous demand areas. A breakdown below immediate support may accelerate downside momentum.
RISK MANAGEMENT: Risk only 1–2% per trade and avoid over-leveraging during high volatility conditions.