đź PORTAL up 15.6% â gaming narrative is back, and this chart is screaming momentum.
$11.9M volume with 1.96x the normal trading activity. PORTAL at $0.01727 is sitting in that sweet spot where the daily RSI (62.9) has PLENTY of room to run before overbought. This isn't chasing â this is catching a trend early.
đ The Setup:
Price structure is clean: above SMA7 ($0.0141), SMA25 ($0.0124), and SMA99 ($0.0127). Daily MACD histogram is positive and expanding (+0.0002). The 4H chart shows RSI at 61.1 with a bullish MACD cross â momentum is building, not fading.
L/S ratio at 1.13 is mildly bullish without being dangerously crowded. Volume is surging but not at "blow-off top" levels. This feels like the middle of a move, not the end.
đŻ Trade Plan:
Entry: $0.0164 - $0.0182 (buy the range)
Stop Loss: $0.0196 (above range â gives room for wicks)
TP1: $0.0180 | TP2: $0.0187 | TP3: $0.0193
â ïž R:R is only 0.3 â this is more of a scalp/swing hybrid. Quick in, quick out. Don't marry this position.
đŻ Gaming tokens tend to run hard when the narrative catches fire. Is PORTAL the next gaming leader or just riding the wave?
#PORTAL #GamingTokens #DYOR
â ïž Disclaimer: Personal trading observations, not financial advice. Always research before investing and never risk more than you can afford.
$11.9M volume with 1.96x the normal trading activity. PORTAL at $0.01727 is sitting in that sweet spot where the daily RSI (62.9) has PLENTY of room to run before overbought. This isn't chasing â this is catching a trend early.
đ The Setup:
Price structure is clean: above SMA7 ($0.0141), SMA25 ($0.0124), and SMA99 ($0.0127). Daily MACD histogram is positive and expanding (+0.0002). The 4H chart shows RSI at 61.1 with a bullish MACD cross â momentum is building, not fading.
L/S ratio at 1.13 is mildly bullish without being dangerously crowded. Volume is surging but not at "blow-off top" levels. This feels like the middle of a move, not the end.
đŻ Trade Plan:
Entry: $0.0164 - $0.0182 (buy the range)
Stop Loss: $0.0196 (above range â gives room for wicks)
TP1: $0.0180 | TP2: $0.0187 | TP3: $0.0193
â ïž R:R is only 0.3 â this is more of a scalp/swing hybrid. Quick in, quick out. Don't marry this position.
đŻ Gaming tokens tend to run hard when the narrative catches fire. Is PORTAL the next gaming leader or just riding the wave?
#PORTAL #GamingTokens #DYOR
â ïž Disclaimer: Personal trading observations, not financial advice. Always research before investing and never risk more than you can afford.