$PORTO
PORTO
1.061
+3.51%
TECHNICAL UPDATE – BULLISH CONSOLIDATION
$PORTO is trading at $1.044 (+1.95%), holding above its 24h low of $1.019 with a 24h high of $1.094. Trading volume sits at 337,991 PORTO, showing moderate activity. Price is consolidating above key support, indicating potential for a short-term bullish move if resistance levels are cleared.
Entry:
Conservative entry: $1.035–$1.040
Aggressive breakout entry: above $1.050
Targets (TP):
TP1: $1.075
TP2: $1.100
TP3: $1.120
Stop Loss (SL):
Below $1.020 to manage downside risk
Key Levels:
Support: $1.040 – $1.035 – $1.020
Resistance: $1.050 – $1.075 – $1.100
Pro Tip:
Look for strong volume confirming a break above $1.050 for potential continuation. Short-term dips toward $1.040 may provide safer entry points.