$PORTAL is consolidating near $0.01589 following a rapid impulse to the 24h high of $0.01656. Price is holding firmly above the MA60 ($0.01557), indicating strong buyer absorption during the pullback. Leveraged short positions accumulated around the local high are vulnerable to a sweep if buyers push past resistance.
🎯 Trade Setup
Direction:
LONG
Entry Zone
$0.01560 – $0.01590
Take Profit 1
$0.01650
Take Profit 2
$0.01720
Take Profit 3
$0.01800
Stop Loss
$0.01525
Risk : Reward
1:2.5
Trade Type
Intraday
#Portal