$PORTO /USDT Short Trade Signal đŸ’ŻđŸ”„đŸ”„

🔍 Analysis:

$PORTO is respecting the downward channel on the 30m chart, showing strong resistance at $1.60. The price recently rejected at the upper trendline, suggesting further downside potential.

📈 Trade Setup:

‱ Entry: $1.575

‱ Stop Loss (SL): $1.605 (above resistance)

‱ Take Profit (TP1): $1.550

‱ Take Profit (TP2): $1.520

🎯 Risk Management:

Secure partial profits at TP1. Trail your stop-loss to breakeven after the first target is hit. Maintain strict discipline with SL to avoid unnecessary losses.

📊 Key Levels:

‱ Resistance: $1.60

‱ Support: $1.50

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