$PORTO /USDT BULLISH ANALYSIS
PORTO/USDT is showing recovery signs as the price trades at $1.294 (+5.89%), supported by short-term moving averages. Buyers are stepping in after a strong bounce from the recent low.
Key Levels
Support Levels: $1.275 – $1.258 – $1.221
Resistance Levels: $1.308 – $1.324 – $1.341 – $1.442
Price is above MA(7) and close to MA(25) & MA(99), indicating building bullish strength.
Trade Setup (Long Entry)
Entry Zone: $1.285 – $1.295
Take Profits (TP):
TP1: $1.308
TP2: $1.324
TP3: $1.341
TP4: $1.442
Stop Loss (SL): Below $1.258 ❌
⚖️ Risk Management
Use 2–3% risk per trade, trail SL after TP1, and secure profits step by step
PORTO looks bullish with potential to retest $1.34 and higher if momentum sustains!
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