$PORTAL Upside Rejection... Bearish Momentum Stepping In...
$PORTAL — SHORT
TP: 0.0140
Stoploss: 0.0205
Why this setup?
Because $PORTAL is struggling to maintain its footing after failing to sustain a breakthrough past the resistance near the 0.02024 level. On the technical indicators, the MACD shows upward momentum losing strength with DIF at 0.00158 and DEA at 0.00152, while the RSI(6) at 52.39 confirms that bullish strength is tapering off following the rapid move up from the 0.01103 low. With sellers taking charge, a downward correction is likely to follow.
Trade here ⬇️
$PORTAL — SHORT
TP: 0.0140
Stoploss: 0.0205
Why this setup?
Because $PORTAL is struggling to maintain its footing after failing to sustain a breakthrough past the resistance near the 0.02024 level. On the technical indicators, the MACD shows upward momentum losing strength with DIF at 0.00158 and DEA at 0.00152, while the RSI(6) at 52.39 confirms that bullish strength is tapering off following the rapid move up from the 0.01103 low. With sellers taking charge, a downward correction is likely to follow.
Trade here ⬇️