【$PORTAL Signal】Pullback to go long, 1H level funds clearly support

$PORTAL The 1H level repeatedly tests around 0.0134, with buy volume depth 25% higher than sell volume, fully exposing the support intent of funds. The 4H MACD fast and slow lines remain above zero, with bullish momentum shrinking but structure intact. At a negative rate of -0.0787%, short positions' cost increases, setting the stage for a potential short squeeze.

If the price can find support in the 0.01273 to 0.01387 range, it’s a good position for accumulation.

⚡Entry: Enter directly around 0.0133, or place an order at 0.0129.

🛑Stop loss: 0.01114.

🚀Target 1: 0.01589.

🚀Target 2: 0.01747.

🛡️Trading management:
- Execution strategy: Close half at the first target, move the remaining stop loss up to the cost basis. If the price falls back into the entry zone, exit unconditionally.

The previous 1-hour candle showed a large volume but closed with a long upper shadow, indicating selling pressure concentrated around 0.0149. But currently, the price can stay above the 4H middle Bollinger band at 0.0126, and the 1-hour RSI quickly rebounds from oversold territory, with selling pressure rapidly absorbed. Open interest remains stable, with no signs of panic selling. This risk-reward ratio is worth trying, with the key being whether the price can quickly move away from the cost area after entry.

Check real-time quotes 👇 $PORTAL
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