$PORTO / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after testing resistance.
Entry: $1.057 - $1.059 (around the current price, looking for bearish confirmation)
Stop Loss: $1.080 (just above the recent high)
Targets:
* $1.030 (EMA(25))
* $1.010
* $0.990 (near EMA(99))
Confirmation:
* Bearish candlestick forming after testing the $1.168 high.
* Decreasing buying volume.
* Price breaking below short-term support levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x (high volatility, manage risk carefully)
Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $1.080.
Trade here: click $PORTO
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