⚽ $PORTO /USDT – Gaining Momentum or Facing Fan Fatigue? 🔄📊
PORTO is trading at 0.853 after a strong recovery from the 0.815 bottom. Price is slightly above the 7 EMA (0.851) but still struggling at the 25 EMA (0.854) and well below the 99 EMA (0.889), showing hesitation in bullish continuation.
Current Outlook: The recent push to 0.898 was quickly rejected, forming a possible lower high. Consolidation is expected between 0.84–0.87 unless volume picks up.
LONG Setup: Entry near 0.854–0.858, targets at 0.875 and 0.895, stop-loss at 0.842
SHORT Setup: Entry near 0.875–0.880, targets at 0.850 and 0.825, stop-loss at 0.890
Summary: PORTO needs a solid breakout above 0.89 to reverse its trend. Otherwise, it may remain trapped in a tight range.
#SaylorBTCPurchase #TrumpBTCTreasury #MarketRebound #CardanoDebate #IsraelIranConflict $PORTO
.