As of June 8, 2025, at 1:41 AM, the latest transaction price of PORT3/USDT is $0.04829, an increase of 3.52% from the previous trading period. This price is slightly above the marked price of $0.04830, indicating that the current market is in a slight premium state. Overall, PORT3 has experienced significant volatility in a short period, displaying frequent inflows and outflows of short-term capital, with active market sentiment.
From the price trend observation, the highest price of PORT3 within 24 hours was $0.05442, and the lowest was $0.04531, with an intraday volatility of over 20%, indicating a high volatility range. As seen in the chart, the price quickly rebounded after hitting a low of $0.04317 in the early hours of June 7, and then climbed to a maximum of $0.05442. However, after facing pressure at the high, the price quickly fell back, forming a large red candlestick indicating a strong willingness for profit-taking in the short term.
In terms of technical indicators, the short-term and medium-term exponential moving averages (EMA) are EMA(20) = $0.05017 and EMA(60) = $0.04995, with the current price significantly below both moving averages. This 'death cross' state indicates weakening short-term bullish momentum, and the market may enter an adjustment or consolidation phase. It is particularly noteworthy that after the price fell below EMA(20), no obvious support was formed, indicating weak market support.
The MACD indicator further confirms this judgment. The current DIF line is 0.00071, the DEA line is 0.00091, and the MACD histogram is -0.00020, having shifted from positive to negative, with the first green histogram appearing. This change indicates a decline in bullish momentum, with bearish forces beginning to dominate the short-term trend. The MACD line shows a downward turning trend, and if it continues to expand downward, it may indicate the risk of further declines.
From the transaction data, the trading volume of PORT3 within 24 hours reached 917 million pieces, equivalent to approximately $46.55 million, indicating a high level of capital activity. However, the price did not maintain a high level, suggesting heavy selling pressure during the upward process, with investors tending to prefer short-term arbitrage. If the subsequent trading volume cannot further increase or maintain a high level, the price may further decline to seek support.
In summary, PORT3/USDT is currently in a short-term adjustment phase, with the price having fallen below key moving average support, and the MACD also showing signs of weakening bullish momentum. Investors should closely monitor the performance around the support zone near 0.045; if this area cannot provide effective support, the possibility of a retest of the 0.043-0.044 area cannot be ruled out. Caution is advised in operations, setting reasonable stop-loss and position sizes to avoid blindly chasing highs.
