$PORTO USDT – Pullback Setup with Bounce Potential Toward $1.26+

PORTO is trading at $1.161, up +19.32% over the last 24 hours. After hitting a low of $0.961, price surged to $1.421 before pulling back. It’s now consolidating just below the MA(7) and MA(25) zones, suggesting a potential rebound if momentum resumes.

🔹 Trade Setup

Entry Zone: $1.150 – $1.170 (look for bullish candle confirmation or MA crossover)

Stop Loss: Below $1.050 (near MA(99) and support zone)

Target 1: $1.230

Final Target: $1.260 – $1.300+

🔹 Risk Management

Limit risk to 1–2% of your capital per trade. Consider partial profit-taking around $1.230 and trail your stop-loss to breakeven to ride the move if it extends to $1.300. Watch for volume spikes and short-term MA support as confirmation.