PORTAL/USDT just broke through a descending channel on the 3-day timeframe, and the move is backed by solid trading volume. This kind of breakout with volume confirmation typically signals bullish momentum ahead.
If the price manages to hold above this resistance level, there's potential for a push toward the $0.1575 zone. Of course, like any technical setup, you'll want to keep an eye on whether volume stays strong through the move.
Technical breakouts work best when they've got conviction behind them—and that's what we're seeing here with PORTAL right now.
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MissedAirdropAgain
· 01-10 14:49
Breakout to the upside, but it still depends on whether the trading volume can hold up; don't let it plunge again.
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WenMoon42
· 01-08 20:02
The volume is indeed impressive, but I've seen too many breakouts. How many can actually reach 0.1575?
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SerRugResistant
· 01-07 15:52
Breakout confirmed by volume, it seems like this time PORTAL might really have something going on.
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SurvivorshipBias
· 01-07 15:51
The volume is indeed good, but I'm more concerned about where the next support level is.
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FrontRunFighter
· 01-07 15:51
volume confirmation means nothing when the dark forest is hunting this move. watch for sandwich attacks—bet there's already MEV extraction happening on this breakout. "conviction" lol, more like coordinated accumulation before the dump.
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LeverageAddict
· 01-07 15:47
The trading volume is indeed there, and this time the breakdown feels a bit different.
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BTCBeliefStation
· 01-07 15:47
The volume isn't that big; even if it breaks through, it depends on whether it can hold up afterward. Continuous effort is needed in terms of volume.
PORTAL/USDT just broke through a descending channel on the 3-day timeframe, and the move is backed by solid trading volume. This kind of breakout with volume confirmation typically signals bullish momentum ahead.
If the price manages to hold above this resistance level, there's potential for a push toward the $0.1575 zone. Of course, like any technical setup, you'll want to keep an eye on whether volume stays strong through the move.
Technical breakouts work best when they've got conviction behind them—and that's what we're seeing here with PORTAL right now.