$PTB – The Quiet Accumulation Before the Storm .
In the fast-paced world of crypto, the most profitable moves often happen when a chart looks "washed out." Currently, $PTB (Portal to Bitcoin) is exhibiting classic signs of a bottoming process that savvy traders shouldn't ignore.
After a period of cooling off, PTB is now sitting firmly on a base. What’s particularly interesting is the recent price action: the dip didn’t see any follow-through selling. Instead, bids stepped in aggressively. This is a textbook example of absorption—where large players soak up the remaining sell orders—rather than distribution.
Downside momentum has failed to expand, and as long as this base holds, the path of least resistance appears to be higher.
The Trade Setup:
Entry Zone: 0.00188 – 0.00195
Stop Loss (SL): 0.00178
Take Profit 1 (TP1): 0.00210
Take Profit 2 (TP2): 0.00228
Take Profit 3 (TP3): 0.00250
The structure remains bullish as long as we hold the support. Patience is key; we are primed for a bounce.
Analysis By @SaleeM_MeYo
