$PORTO /USDT BEARISH PRESSURE BUILDING – DOWNSIDE TEST LIKELY!
$PORTO is showing weakness near $1.019 after failing to hold above $1.025. With intraday support at $1.015 being tested and 24h low at $1.011 in focus, the pair is leaning bearish. A decisive break below $1.015 could trigger further decline toward $1.000, presenting short-term shorting opportunities.
Trade Setup:
Entry Zone: $1.018 – $1.022
Take Profit 1: $1.015
Take Profit 2: $1.011 – $1.005
Stop Loss: $1.030
Short Market Outlook:
Momentum is bearish with lower highs forming on the 15m and 1h charts. Immediate resistance sits at $1.025, while $1.015 support is key. Breaching this level could accelerate selling pressure, confirming continuation of the downtrend.
buy and trade here on $PORTO