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Summary
• PORTALUSDT traded in a narrow range early before surging 2.4% near 0.0222.
• Momentum accelerated in the overnight session, with a bullish engulfing pattern at 0.022.
• Volume surged in the 00:00–05:00 ET window, confirming the breakout attempt.
• Price remains above the 50-period 5-min MA, with RSI suggesting moderate momentum.
• Bollinger Bands tightened before the breakout, indicating a potential trend shift.
Portal/Tether (PORTALUSDT) opened at $0.0210 on 2025-12-14 at 12:00 ET, and closed at $0.0222 on 2025-12-15 at 12:00 ET, with a high of $0.0225 and a low of $0.0207. Total volume amounted to 22.4 million, and turnover reached $488,525.
Portal/Tether’s 24-hour price action formed a textbook bullish breakout pattern, with price clearing the 0.0222 resistance level—a prior swing high. A large bullish engulfing candle on the 5-minute chart at 00:30 ET confirmed buying pressure, while RSI held steady above 50, suggesting sustained momentum. Bollinger Bands showed a modest contraction in the early morning before expanding as the breakout materialized. The 50-period 5-minute MA (0.0219) provided short-term support, and price remains above the 200-period daily MA, indicating the uptrend is intact.

Volume increased significantly during the overnight session, especially between 00:00 and 05:00 ET, with notional turnover peaking around 0.0221–0.0223. No divergence was observed between price and volume, reinforcing the strength of the move. Fibonacci retracement levels (61.8% at 0.0224) align with recent resistance, suggesting a potential consolidation target.
Looking ahead, the immediate 5-minute resistance lies at 0.0225, with a test of 0.0227 (38.2% retracement) possible if buyers remain aggressive. A failure to hold above 0.0220 could trigger a pullback toward 0.0215–0.0217. Investors should monitor RSI for signs of overbought conditions and watch for a breakdown of the 50-period MA as a potential early bearish signal.
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