$PORTAL Momentum Is Fading 📉
Short Setup:
🔻 Entry: 0.0155 – 0.0175
🔻 Stop Loss: 0.0195
🎯 TP1: 0.0140
🎯 TP2: 0.0130
🎯 TP3: 0.0120
🎯 TP4: 0.0110
After a sharp relief bounce from the 0.0115 bottom, $PORTAL is now showing signs of exhaustion as price approaches a key resistance zone around the MA99.
The recent rally is losing strength, with noticeable selling pressure emerging in the 0.016–0.017 region. Price is still trading below higher-timeframe resistance, and any rejection here could trigger a move back toward previous support levels.
Best approach is to wait for confirmation of weakness at resistance rather than chasing the bounce.
PORTALUSDT
Διην.
0.01377
-15.72%