📉 $PORTO /USDT – Bearish Momentum Continues!
$PORTO has faced a sharp rejection from the $1.065 resistance after a strong rally, triggering heavy selling pressure. Price has now dropped back to the $1.012 zone, testing a key short-term support. If this level breaks, further downside toward $0.995 – $0.983 is likely.
Trade Setup:
🔻 Entry Zone: $1.010 – $1.020
🎯 TP1: $1.000
🎯 TP2: $0.995
🎯 TP3: $0.983
⛔ SL: $1.030
Pro Tip: Watch for a confirmed break below $1.010 with volume to catch the continuation move. If price bounces, scalpers can take quick profits before re-entering short.
Looks like this one’s setting up for another leg down unless bulls defend strongly. 🚨