$PORTO/USDT – Breakdown in Motion! More Downside Ahead?

Price: $1.100 (−3.85%)

Fan Token $PORTO is under pressure, testing its 24H low with a clear bearish structure forming on the 30m chart.

Market Structure:

24H High: $1.160

24H Low: $1.098

Lower highs & lower lows – classic downtrend setup.

Key Levels:

Resistance: $1.130 – $1.145

Support: $1.095 (Break below may trigger move to $1.050)

Short Trade Setup (Bounce-Based Entry):

Entry: $1.105 – $1.115

Targets:

TP1: $1.090

TP2: $1.060

Stop: $1.135

Market Insight:

Sellers are dominating. $PORTO just hit a fresh local low with minimal buying interest — momentum favors the bears.

Pro Tip:

Look for a weak bounce into resistance before shorting. Avoid chasing into support.

Breakdown Confirmed – Ride the Bearish Momentum!

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