$PORTO /USDT BULLISH BREAKOUT IN PLAY!
Current Price: $0.793
24h Change: +8.78%
TECHNICAL ANALYSIS:
PORTO has broken above a key descending resistance and is currently retesting the $0.790–$0.800 zone, turning it into support — a bullish signal
Support Levels:
$0.790 (Immediate Support)
$0.758 (Major Support)
Resistance Levels:
$0.805 (Minor Intraday Resistance)
$0.840 (Major Resistance / Next Target)
TRADE SETUP (LONG):
Entry: $0.790 – $0.795
Targets (TP):
TP1: $0.820
TP2: $0.840
Stop Loss (SL): $0.770
Risk Management:
Use 1–2% of capital per trade, maintain a minimum 1:2 risk-reward ratio, and always stick to your stop-loss!
Momentum & Volume are supporting the move! Be ready for a potential rally if price holds above $0.790!
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