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$PORTAL /USDT Update 📉
Price just nuked -15.55% to $0.00972 after that massive wick.
RSI(6) = 10.46 → Extremely oversold, but this isn't automatically a buy signal.
Momentum is completely dead: MACD -0.00019, DIF & DEA both negative
Broke below Bollinger lower band at 0.01029 with no bounce
185M $PORTAL volume on the dump = heavy distribution
When RSI gets this low with no divergence and sellers still in control, "oversold" can stay oversold. Chances of an immediate reversal look slim without a major catalyst.
Monitoring for now. Not financial advice.
#Portal
{spot}(PORTALUSDT)
Price just nuked -15.55% to $0.00972 after that massive wick.
RSI(6) = 10.46 → Extremely oversold, but this isn't automatically a buy signal.
Momentum is completely dead: MACD -0.00019, DIF & DEA both negative
Broke below Bollinger lower band at 0.01029 with no bounce
185M $PORTAL volume on the dump = heavy distribution
When RSI gets this low with no divergence and sellers still in control, "oversold" can stay oversold. Chances of an immediate reversal look slim without a major catalyst.
Monitoring for now. Not financial advice.
#Portal
{spot}(PORTALUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.