The $PORTO /USDT pair, currently on the 15-minute chart, is priced at 1.750 USDT, following a sharp upward spike.

Immediate resistance is observed at 1.823 USDT, while support is positioned at 1.655 USDT. Traders could consider entering a buy position around 1.755 USDT to ride the bullish momentum.

For profit-taking, targets are set as TP1 at 1.790 USDT, TP2 at 1.810 USDT, and TP3 at 1.830 USDT.

To protect the downside, a Stop Loss (SL) should be placed at 1.645 USDT.

Keep a close watch on these levels for rapid price movements in either direction!

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