$PORTO
🚦PORTO/USDT – Downtrend Active! More Losses Possible?📉
Current Price: $1.100 (−3.85%)
Fan Token $PORTO is dropping quickly, hitting its 24-hour low and facing further decline.
Market Overview:
24H High: $1.160
24H Low: $1.098
Price is forming lower highs and lower lows on the 30-minute chart.
Key Levels to Watch:
Resistance: $1.130 – $1.145
Support: $1.095 (if broken, next at $1.050)
Short Trade Idea:
Entry: $1.105 – $1.115 (on a small rebound)
🎯Target 1: $1.090
🎯Target 2: $1.060
🛑Stop Loss: $1.135
Market Note:
Sellers are dominating, with PORTO hitting a new low and little buying support, showing bearish control.
Tip:
Wait for a slight pullback to resistance before shorting. Avoid entering shorts right at support.
Downtrend in Play – Follow the Bearish Wave!
Price: 1.093 (−4.54%)