$PERP
Short $PERP
• SL: 4%
• TP: 4% – 6% – 11%
Currently on the D1 candle, $PERP is showing signs of heading back to a strong support zone around the previous 5% entry areas. A potential accumulation pattern is forming, while leverage has been reduced on some exchanges — a signal of low confidence and potential price manipulation. This creates a short-term trading opportunity.
If price action is strong, consider holding for longer. If it’s choppy, take profits actively.
