๐ $PORTO /USDT Market Analysis & Trade Plan
๐ฐ Market Data:
๐น Current Price: $1.097 (-4.69%)
๐น 24h High: $1.160
๐น 24h Low: $1.037
๐น 24h Volume: 704,718.99 PORTO / 772,431.07 USDT
๐ Key Levels & Trade Strategy
โ Potential Entry Zones:
๐น $1.05 - $1.07 โ Strong support, possible bounce
๐น $1.03 โ Last support before further decline
๐ Target & Resistance Levels:
๐น $1.12 - $1.14 โ Immediate resistance
๐น $1.16 - $1.18 โ Breakout zone
๐ป Support Levels:
๐น $1.07 โ Holding this level is key for recovery
๐น $1.03 โ If broken, further downside possible
๐ Indicators to Watch:
๐น RSI: Approaching oversoldโpossible reversal
๐น MACD: Bearish trendโmomentum weakening
๐น Bollinger Bands: Price near lower bandโbounce potential
๐ Trade Plan:
๐ Scenario 1: If price holds $1.05 - $1.07, look for bounce โ Target $1.12 - $1.16
๐ Scenario 2: Break below $1.03, further downside to $1.00 - $0.98
โ ๏ธ Risk Management:
๐น Stop-loss: Below $1.02
๐น Take profits: $1.12 - $1.16