$PERP /USDT BULLISH REVERSAL – LONG ENTRY SETUP

$PERP has bounced strongly from the key support zone near 0.2190, forming a bullish engulfing candle on the 4H chart. The price is reclaiming short-term EMA levels, signaling a potential trend reversal. With volume gradually increasing and RSI recovering from oversold territory, bulls appear to be regaining control for an upside continuation.

ENTRY (LONG): Above 0.2265 after breakout confirmation

TARGETS (TP): 0.2320 / 0.2385 / 0.2450

STOP LOSS (SL): 0.2190 below support base

TECHNICAL OUTLOOK:

EMA crossover forming, indicating bullish shift

RSI rising above 50 supports momentum

Higher lows pattern confirms market accumulation

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