That volume spike and breakout above the consolidation tell me the bulls are taking control.
$PORTAL /USDT — LONG
Trade Plan
Entry: 0.01460 – 0.01480
SL: 0.01390
TP1: 0.01580
TP2: 0.01650
TP3: 0.01750
Why this setup?
$PORTAL has convincingly broken above the key resistance zone around $0.01367 with strong volume, and the current pullback to $0.01480 offers a solid entry near the breakout level. The 24h volume of 6.55B PORTAL shows genuine interest, and the price is holding well above the previous range high, indicating a potential trend reversal. The stop loss below the recent swing low at $0.01390 gives us a clean invalidation level while maintaining a healthy risk-to-reward ratio for the targets ahead.
Momentum is building, and the breakout retest is exactly the setup we wait for. Let $PORTAL do the heavy lifting from here.
$PORTAL /USDT — LONG
Trade Plan
Entry: 0.01460 – 0.01480
SL: 0.01390
TP1: 0.01580
TP2: 0.01650
TP3: 0.01750
Why this setup?
$PORTAL has convincingly broken above the key resistance zone around $0.01367 with strong volume, and the current pullback to $0.01480 offers a solid entry near the breakout level. The 24h volume of 6.55B PORTAL shows genuine interest, and the price is holding well above the previous range high, indicating a potential trend reversal. The stop loss below the recent swing low at $0.01390 gives us a clean invalidation level while maintaining a healthy risk-to-reward ratio for the targets ahead.
Momentum is building, and the breakout retest is exactly the setup we wait for. Let $PORTAL do the heavy lifting from here.