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Summary
β’
Portal/Tether (PORTALUSDT) opened at 0.0214 on 2026-01-05 12:00 ET, reached a high of 0.0226, and closed at 0.0222 by 12:00 ET on 2026-01-06. The total 24-hour trading volume was 26.74 million, with a notional turnover of approximately $59,532.
Structure & Key Levels
Price tested 0.0213 as a strong support level in the early session and rebounded with a bullish engulfing pattern. A 0.0221β0.0225 range emerged as a potential resistance cluster, where the asset found a ceiling in the late morning. A 61.8% Fibonacci retracement from the morning dip aligned closely with the 0.0224 level, which saw brief rejection.
Momentum and Volatility
MACD crossed above zero in the early morning, indicating growing bullish momentum, and remained positive throughout the session. RSI fluctuated between 40 and 60, avoiding overbought territory despite the late surge. Bollinger Bands constricted from 05:00β08:00 ET and expanded in tandem with the breakout, suggesting a shift in volatility.

Volume and Turnover
Volume remained moderate until the final 5 hours, when a massive 5.95 million units traded at 0.0225, confirming price action above prior highs. Turnover increased sharply in the 09:45β10:00 ET window, with a 5-minute candle closing at 0.0225 on a volume of 2.67 million, reinforcing the breakout. No significant divergence was observed between volume and price.
Looking Ahead
The 0.0225β0.0226 level now acts as a near-term pivot; a sustained close above this could target 0.023 on a 20-period 5-min MA. However, traders should remain cautious of a potential pullback toward 0.0219β0.0221 if short-term demand weakens.
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