Token Name: $PORTO /USDT – Big Move Ahead?
Current price is showing steady strength with a +1.18% change in the last 24 hours. After a strong bounce from the 1.085–1.090 demand zone, price has formed higher lows and is now consolidating just below recent highs. On the 1H timeframe, bullish candles and a rising structure suggest momentum is gradually building.
Trade Setup
Entry Zone:
1.105 – 1.115
Target 1:
1.130
Target 2:
1.160
Target 3:
1.200
Stop Loss:
1.085
Technical Outlook
Clear recovery after defending the 1.086 support
Price holding above prior resistance turned support near 1.10
Higher highs and higher lows visible on the 1H structure
A confirmed break and hold above 1.116 can open the door for continuation
If the breakout level is taken with solid volume, price can transition from consolidation into a stronger upside move and test higher resistance levels. A breakdown below the 1.085 structure would invalidate the setup, so disciplined risk management remains essential.
