$PORTO /USDT – LONG SETUP
PORTO has been in a strong downtrend, hitting a low of 1.129 before showing early signs of a potential bounce. Price is currently near support, and risk-to-reward favors a speculative long if momentum builds.
Entry Zone: 1.140 – 1.155
Targets:
TP1: 1.175
TP2: 1.200
TP3: 1.240
Stop Loss: Below 1.120
Risk Management: Since overall trend is still bearish, book profits quickly at TP1 and trail stop to entry.
Would you like me to also prepare a short trade setup in case the bounce fails and price breaks below 1.120?