📊 PORTAL/USDT Analysis: Support, Resistance, and Entry Strategy
1. Support and Resistance Levels:
- Support (S): The current support level is around 0.2451 USDT, where buyers tend to step in and prevent further price decline.
- Resistance (R): The key resistance level is approximately 0.2744 USDT, acting as a barrier for upward movement.
2. Previous Values:
- 24 Hours Ago: PORTAL/USDT was trading at 0.2238 USDT.
- 7 Days Ago: The pair was at 0.1982 USDT.
3. Entry Strategy:
- Buy Entry: Consider entering long positions if PORTAL/USDT breaks above the resistance (R) at 0.2744 USDT. Confirm with volume surge and bullish indicators.
- Stop Loss: Set a stop loss just below the support (S) level to manage risk.
- Target Price: Aim for a target near the next resistance level (R+1).
Remember, this is not financial advice. Always conduct your own research and risk assessment before making any trading decisions. Happy trading! 🌟
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