📉 $PORTAL | Preparing a SHORT trade
After a strong upward wave pushed $PORTAL toward the $0.0200 level, the price began showing clear signs of weakness on the 1H timeframe, with consecutive lower highs that reflect increasing selling pressure.
Currently, the price is testing the $0.0155 area, an important support zone. If there is a clear break below it accompanied by rising sell-side volume, the downward move could accelerate and open the door to lower levels. 🔻
🔴 Sell setup — SHORT
Entry zone: $0.0155 – $0.0160
🎯 TP1: $0.0145
🎯 TP2: $0.0130
🎯 TP3: $0.0115
🛑 Stop loss: $0.0178
A break of $0.0150 and consolidation below it, together with clear selling pressure, may be a signal that the decline continues toward the specified targets.
$PORTAL
After a strong upward wave pushed $PORTAL toward the $0.0200 level, the price began showing clear signs of weakness on the 1H timeframe, with consecutive lower highs that reflect increasing selling pressure.
Currently, the price is testing the $0.0155 area, an important support zone. If there is a clear break below it accompanied by rising sell-side volume, the downward move could accelerate and open the door to lower levels. 🔻
🔴 Sell setup — SHORT
Entry zone: $0.0155 – $0.0160
🎯 TP1: $0.0145
🎯 TP2: $0.0130
🎯 TP3: $0.0115
🛑 Stop loss: $0.0178
A break of $0.0150 and consolidation below it, together with clear selling pressure, may be a signal that the decline continues toward the specified targets.
$PORTAL