$PORTO /USDT – The Decline is Happening! Is There More to Come?

Current Price: $1.100 (−3.85%)

Fan Token $PORTO is declining rapidly, currently testing the 24H low and at risk of further decline.

Market Structure:

24H High: $1.160

24H Low: $1.098

The price is continuously making lower highs and lower lows on the 30-minute chart.

Key Levels:

Resistance: $1.130 – $1.145

Support: $1.095 (if broken, the next level is $1.050)

Short Trade Setup:

Entry Zone: $1.105 – $1.115 (on a slight rebound)

TP1: $1.090

TP2: $1.060

Stop Loss: $1.135

Market Information:

The bears are pushing hard. PORTO just printed a new local low with weak buying reaction, indicating sellers are still in control.

Professional Tip:

Wait for a weak rebound at resistance to short. Avoid shorting directly into support.

Confirming the Decline – Go With the Downward Momentum!

$PORTO

PORTO

1.099

-3.93%

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