$PORTAL /USDT — Bearish Setup to Watch 📉
$PORTAL remains under pressure as sellers maintain control on the 4H and 1H charts. However, buyers are showing some short-term strength, so caution is needed.
🎯 Entry Zone: 0.0136135 – 0.0136665
✅ TP1: 0.0133065 (-2.4%)
✅ TP2: 0.0130841 (-4.1%)
✅ TP3: 0.0127506 (-6.5%)
🛑 Stop Loss: 0.0140847 (+3.3%)
📊 Why SHORT $PORTAL ? 🔻 Price below EMA50 & EMA200 on 4H and 1H
🔻 4H RSI at 34.9 indicates bearish momentum
⚠️ Only 4/12 signals support the short
⚠️ Buyers are pushing back with a +0.74% 15M candle
💡 Strategy: Wait for price to enter the zone. Consider taking profits gradually and moving SL to entry after TP1.
🔥 Your call: Will $PORTAL hit 0.0133065 first, or bounce toward the stop loss?
#PORTAL #CryptoTrading #BinanceSquare #Altcoins #TechnicalAnalysis
$PORTAL remains under pressure as sellers maintain control on the 4H and 1H charts. However, buyers are showing some short-term strength, so caution is needed.
🎯 Entry Zone: 0.0136135 – 0.0136665
✅ TP1: 0.0133065 (-2.4%)
✅ TP2: 0.0130841 (-4.1%)
✅ TP3: 0.0127506 (-6.5%)
🛑 Stop Loss: 0.0140847 (+3.3%)
📊 Why SHORT $PORTAL ? 🔻 Price below EMA50 & EMA200 on 4H and 1H
🔻 4H RSI at 34.9 indicates bearish momentum
⚠️ Only 4/12 signals support the short
⚠️ Buyers are pushing back with a +0.74% 15M candle
💡 Strategy: Wait for price to enter the zone. Consider taking profits gradually and moving SL to entry after TP1.
🔥 Your call: Will $PORTAL hit 0.0133065 first, or bounce toward the stop loss?
#PORTAL #CryptoTrading #BinanceSquare #Altcoins #TechnicalAnalysis