FC Porto Fan Token (PORTOUSDT) Market Overview

FC Porto Fan Token (PORTOUSDT) closed at 0.841 USD on 2025-07-15, down from an open of 0.855 USD (12:00 ET-1). The 24-hour high reached 0.885 USD, while the low dipped to 0.820 USD. Total trading volume was ~225,000 tokens, with a notable spike exceeding 45,000 tokens during the 02:45 ET session.

Summary

• Price fell 1.6% over 24 hours, testing support at 0.82–0.83 USD before rebounding slightly.
• A bearish engulfing pattern formed at 0.85 USD, signaling potential resistance.
• Volume spiked during the 02:45 ET session, coinciding with a 6% price drop to 0.82 USD.

Technical Analysis

Structure & Formations

The token struggled near the 0.85 USD resistance zone, where a large candle’s bearish engulfing pattern emerged. Support at 0.82 USD held briefly, but a subsequent breakdown in the 03:00 ET session suggests further downside risk.

Moving Averages

On the 15-minute chart, the 20-period MA (currently ~0.835 USD) has turned bearish, dipping below the 50-period MA (0.840 USD). Daily chart averages (50/100/200) remain bearish, with the price below all three, reinforcing the downtrend.

MACD & RSI

The MACD line remains below its signal line, signaling weakening momentum. RSI dipped into oversold territory (~29) during the 02:45 ET low but rebounded modestly, suggesting a possible short-term correction.

Bollinger Bands

Price hugged the lower band (~0.82 USD) during the session’s nadir, indicating heightened volatility. Recent closes near the middle band (~0.835 USD) hint at stabilization, though further contraction could precede a rebound.

Volume & Turnover

The 45,000-token volume surge at 02:45 ET confirmed selling pressure, while subsequent low-volume bounces suggest waning interest. No clear divergence emerged between price and volume.

Fibonacci Retracements

A 61.8% retracement of the 0.82–0.885 USD swing aligns with the 0.85 USD resistance zone, while the 38.2% level (~0.839 USD) marks intermediate support.

Outlook & Risk

PORTOUSDT may test 0.82 USD support over the next 24 hours, with a breach potentially targeting 0.80 USD. Traders should monitor the 0.85 USD resistance for a reversal signal. Extreme volatility remains likely given recent price swings, so stop-loss discipline is advised.