$PORTO /USDT – Sharp Pump Rejected, Pullback in Motion! 🚨📉
After a strong +11% spike, $PORTO faced a harsh rejection from the $1.16 high, dropping back below $1.05. This signals a potential short-term correction as momentum cools off.
📉 Short Trade Setup:
Entry Zone: $1.046 – $1.047
Target: $0.954
Stop Loss: $1.088
⚠️ Key Insight:
Rejection candle at peak volume = high probability of retracement.
🔒 Risk Tip: Consider trailing stop as price approaches the $1.00 area.
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