$PORTO /USDT – Basing at Lows! Watch for Relief Rally Setup! 🔥
Current Price: $1.093 (+0.28%)
$PORTO is stabilizing after a sharp selloff, holding the $1.08–$1.09 support zone. Potential for a bounce if volume returns.
📊 Trade Setup:
Entry Zone: $1.088 – $1.095
TP1: $1.115
TP2: $1.135
TP3: $1.149
Stop Loss: $1.074
🔍 Key Levels:
Support: $1.078 (24h low)
Resistance: $1.149 (24h high)
📉 Market Insight:
Price action is forming a base around major support with short-bodied candles, indicating seller exhaustion. A bounce to $1.11–$1.13 range is plausible if bulls push above minor resistance.
💡 Pro Tip:
Look for a 15m candle close above $1.10 with increasing volume before entering for safer confirmation.
PORTObulls warming up—watch closely for a kick-off to higher levels!
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