$PORTO /USDT SHORT TRADE SETUP BEARISH REVERSAL AFTER STRONG PUMP 💯 🔥 Don't Miss Out
Current Price: 1.158
Market Structure: Price spiked to 1.421 but faced heavy rejection. Strong selling pressure brought it back below 1.20, forming lower highs and bearish candles, signaling a reversal.
ENTRY LEVEL:
Enter short between 1.170 – 1.190 after a small bounce/pullback.
STOP LOSS:
Place stop loss above 1.230 to avoid false breakouts.
TARGET POINTS:
TP1: 1.100
TP2: 1.060
TP3: 1.020
TRADE ANALYSIS:
$PORTO experienced a sharp pump followed by a strong rejection from the 1.421 high. Current structure suggests profit-taking and bearish momentum building. Price is trending downward from the peak, showing weakness at resistance zones. A pullback entry around 1.170 – 1.190 provides good risk-to-reward for short sellers. Watch closely for rejection candles confirming sellers are still in control.