$PERP /USDT short trade signal 🚦 🛑
BEARISH MOMENTUM GRIPS TIGHTER — NEXT LEG LOWER BREWING!
$PERP has plunged heavily, losing over 15% in the last 24H, breaking below key support and printing a fresh low at $0.2995. Despite a small bounce, momentum remains heavily bearish, with no significant reversal signal in sight. Sellers remain in control, and any weak uptick is likely to be a dead cat bounce.
Trade Setup: (SHORT)
Entry: $0.3050 – $0.3100
TP 1: $0.2920
TP 2: $0.2800
SL: $0.3180
Market Outlook:
PERP remains under selling pressure with lower highs and lower lows across the 1H chart. Unless a strong reclaim above $0.3180 occurs, continuation to the downside is favored. Risk management is essential as the price action is volatile.
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