$PORTO is trading around 1.134 USDT, showing renewed strength after a sharp dip to the 1.117 area. Price has rebounded with strong bullish candles, indicating buyers are stepping back in. The recent move suggests a recovery from demand, and momentum is gradually rebuilding after short-term weakness.

On the 1H timeframe, the structure shows a clean bounce from local support, followed by higher lows. If price holds above the 1.12–1.13 zone, continuation toward the upper range becomes likely. Volume expansion near resistance will be the key confirmation.

Trade Setup

• Entry Zone: 1.125 – 1.135

• Target 1: 1.160

• Target 2: 1.185

• Target 3: 1.220

• Stop Loss: 1.105

A confirmed break and hold above the 1.14 resistance can shift market control back to buyers and trigger a stronger upside move. Failure to hold the entry zone would invalidate the setup, so risk management remains essential.

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PORTO

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