PORTAL / TetherUSShort
Is #PORTAL on the Brink of a Breakdown? Here’s What’s Next
Yello, Paradisers! Is #PORTAL about to slip into a bearish trend, or could a recovery be on the horizon? Let's discuss the latest analysis of #PORTALUSDT:
💎Currently, it’s retesting the ascending support level within its symmetrical triangle, and all eyes are on this critical point. A breakdown here could confirm a bearish move, potentially paving the way for a deeper decline.
💎If we see that break, the weak support zone around $0.203 is our first target in a bearish scenario, indicating increased selling pressure as the market seeks stability. Should the market continue to struggle, there’s potential for an even lower move, with our final target positioned around a stronger demand area at $0.136.
💎Alternatively, if #PORTAL manages a daily close above the $0.334-$0.366 range, the bearish outlook weakens, and we could see the bulls rally, reigniting the uptrend.
Smart and disciplined trading will keep you ahead of the game in this volatile market!
MyCryptoParadise
iFeel the success🌴
💎Currently, it’s retesting the ascending support level within its symmetrical triangle, and all eyes are on this critical point. A breakdown here could confirm a bearish move, potentially paving the way for a deeper decline.
💎If we see that break, the weak support zone around $0.203 is our first target in a bearish scenario, indicating increased selling pressure as the market seeks stability. Should the market continue to struggle, there’s potential for an even lower move, with our final target positioned around a stronger demand area at $0.136.
💎Alternatively, if #PORTAL manages a daily close above the $0.334-$0.366 range, the bearish outlook weakens, and we could see the bulls rally, reigniting the uptrend.
Smart and disciplined trading will keep you ahead of the game in this volatile market!
MyCryptoParadise
iFeel the success🌴
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.