🪫 $PORT3 /USDT – Major Breakdown with Weak Recovery Attempt

💰 Current Price: $0.02470 (▼ -28.09%)

📊 24h Range: $0.02341 – $0.03922

🔵 MA(20): ~$0.0312 (far above current price)

📉 Volume: High sell pressure earlier, tapering now

📉 Chart Overview:

• Massive dump from above $0.05 — price is now 50% below MA(20)

• Sideways consolidation near the lows shows uncertainty

• No real bullish structure yet — likely bears still in control

• May attempt a relief bounce, but trend remains bearish unless price reclaims key levels

🔥 Momentum Snapshot:

• 🔻 High volatility sell-off

• 🔻 Below key MA with flat structure

• 🔄 Weak consolidation near $0.023–$0.025 — possible dead-cat zone

🔍 Key Levels to Watch:

• Resistance: $0.0280 / $0.0315

• Support: $0.0234 (local bottom) / $0.0210

💡 Opinion – Setup Suggestion

📉 Short Setup (bearish continuation idea):

• Entry Zone: $0.02580–$0.02650 (if price retests with weak volume)

• Stop Loss: $0.02880 (above previous structure)

• TP1: $0.02350

• TP2: $0.02150

• TP3: $0.01900

If $0.02340 fails to hold, more downside is likely. Volume will confirm breakdown or bounce.

⚠️ DYOR – This setup leans toward continuation of the downtrend. Bounce is possible but only valid if price reclaims $0.028 with strong volume.

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