$PORTAL
/ USDT — Healthy Pullback After Strong Rally
$PORTAL is currently entering a healthy correction phase following a sharp upside move. After facing rejection near the recent high, price has started to pull back, signaling short-term weakness as profit-taking kicks in.
Sellers are gradually gaining control while the market revisits lower levels. This type of retracement is normal after an impulsive rally and often plays a key role in determining the next major direction.
If price fails to reclaim the previous resistance zone, bearish pressure could extend toward deeper support areas. However, a strong buyer reaction from support, supported by increasing volume, may still trigger a recovery bounce.
Market Outlook
• Bias: Short-term bearish (Correction Phase)
• Key Support: 0.0228 – 0.0218
• Key Resistance: 0.0245 – 0.0259
Trading Notes
⚠️ Correction phases can be volatile.
✔️ Avoid early entries.
✔️ Wait for clear structure confirmation and volume validation before taking the next trade.
✔️ Strong risk management is essential.