← Back to Home

📊 Analysis: PORTALUSDT (1w)

Price: 0.0299 | EMA7: 0.04 | EMA25: 0.12 | RSI14: 29.8 | Resistance: 4.3 | Support: 0.0267 | Average Volume: 183827881.65 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 1-week technical analysis of PORTALUSDT:

**Trend:** The price is in a strong downtrend, as indicated by the declining EMAs (7 and 25) and the negative MACD.

**Support and Resistance:** The current price (0.0299) is close to the support level (0.0267), which may provide a bounce. However, the resistance level (4.3) is extremely far from the current price, making it a significant barrier for any potential upside.

**RSI and MACD:** The RSI (29.80) is oversold, which could lead to a short-term bounce. The MACD (-0.0697) is also indicating a strong sell signal.

**Volume:** The average volume is high, but the volume trend is decreasing, which may indicate a lack of interest in the market.

**Entry Prices:**

* **Long Entry:** Consider buying at 0.0267 (support level) or slightly lower (0.0250) with a stop loss at 0.0200. The target could be 0.0410 (EMA 7) or higher.
* **Short Entry:** Consider selling at 0.0350 (slightly above the current price) or 0.0410 (EMA 7) with a stop loss at 0.0350. The target could be 0.0200 or lower.

**Spot Buy Price:** For a spot buy, consider accumulating at 0.0267 (support level) or averaging down at 0.0250.

Keep in mind that this is a high-risk market, and it's essential to set proper stop losses and manage your positions accordingly.