$PORTO /USDT BEARISH PRESSURE TESTING KEY SUPPORT
$PORTO is sliding lower after failing to hold above 1.030, now hovering just above the 1.023 support zone. Weak momentum and steady selling pressure suggest a potential breakdown if bulls don’t step in soon.
🔹 Trade Setup:
Entry Zone: 1.024 – 1.028
Take Profit 1: 1.015
Take Profit 2: 1.000
Stop Loss: 1.046
📊 Market Outlook:
Momentum remains bearish with repeated lower highs forming since the last peak at 1.046. A close below 1.023 would confirm further weakness, opening the path toward 1.015 and even 1.000. Bulls need a strong recovery above 1.036 to reverse short-term sentiment.
buy and trade here on $PORTO