PORTAL/USDT If break the descending, Indicating bullish momentum
💎 PORTAL has recently undergone notable market dynamics. Presently, PORTAL has successfully reclaimed its position above the support area and is now approaching the resistance of a descending channel pattern.
💎 A breakout above this pattern would signal bullish momentum, probability propelling the price further upward toward our target resistance area.
💎 However, should PORTAL fail to break above the pattern and retreat back to the support level, there's a risk of losing the support, leading to a potential downturn towards the demand area around $1.8 - $1.7.
💎 PORTAL must bounce from the demand area and reclaim its position above $2.07 to sustain upward momentum.
💎 Failure to do so could result in further downward movement, particularly if key support levels are breached.
💎 A breakout above this pattern would signal bullish momentum, probability propelling the price further upward toward our target resistance area.
💎 However, should PORTAL fail to break above the pattern and retreat back to the support level, there's a risk of losing the support, leading to a potential downturn towards the demand area around $1.8 - $1.7.
💎 PORTAL must bounce from the demand area and reclaim its position above $2.07 to sustain upward momentum.
💎 Failure to do so could result in further downward movement, particularly if key support levels are breached.
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