Quick chart thought on $PORTAL /USDT
This one has been quietly cooling off after that big impulse move. Instead of completely dumping, price has just been moving sideways and that's usually something I pay attention to.
๐ Entry: 0.01520
๐ฏ TP: 0.01850
๐ SL: 0.01156
What I like is that buyers haven't disappeared. Every dip into this area keeps getting bought and the structure still looks pretty clean on the 1H.
Not the most exciting chart in the market right now, but sometimes those are the ones that end up moving when nobody is looking ๐
Things I'm watching:
๐ธ Hold above 0.015 area
๐ธ Break back above the recent lower highs
๐ธ Volume picking up again
๐ธ Momentum returning after consolidation
Could it drop lower first? Yeah, absolutely. Nothing moves in a straight line.
But if this range finally breaks upward, I wouldn't be surprised to see a quick move back toward 0.0185.
No need to rush it tho. Let the market show its hand first.
Good setup, just needs a little patience ๐ค
#Portal
This one has been quietly cooling off after that big impulse move. Instead of completely dumping, price has just been moving sideways and that's usually something I pay attention to.
๐ Entry: 0.01520
๐ฏ TP: 0.01850
๐ SL: 0.01156
What I like is that buyers haven't disappeared. Every dip into this area keeps getting bought and the structure still looks pretty clean on the 1H.
Not the most exciting chart in the market right now, but sometimes those are the ones that end up moving when nobody is looking ๐
Things I'm watching:
๐ธ Hold above 0.015 area
๐ธ Break back above the recent lower highs
๐ธ Volume picking up again
๐ธ Momentum returning after consolidation
Could it drop lower first? Yeah, absolutely. Nothing moves in a straight line.
But if this range finally breaks upward, I wouldn't be surprised to see a quick move back toward 0.0185.
No need to rush it tho. Let the market show its hand first.
Good setup, just needs a little patience ๐ค
#Portal