$PORTO /USDT – SHORT TRADE SIGNAL ⚠️
PORTO faced a sharp spike to 1.149 but failed to sustain above resistance and quickly retraced back to 1.06 levels. The rejection at the top shows weakening bullish momentum, with sellers stepping in aggressively to control price action.
Trade Setup:
Entry Zone: 1.062 – 1.070
Take Profit 1: 1.035
Take Profit 2: 1.010
Stop Loss: 1.095
Leverage: 10x
Risk Allocation: 2–3% of wallet
Market Outlook: Unless bulls reclaim and hold above 1.095, the structure remains weak. Price is likely to retest the support zone near 1.01, with further downside risk if broken.
#CryptoTrading #PORTOUSDT #BinanceFutures #ShortSetup #TechnicalAnalysis $PORTO