$PERP /USDT short trade signal 🚦 🛑
BEARISH PRESSURE INCREASING — BREAKDOWN IMMINENT BELOW SUPPORT ZONE ⚠️
$PERP is struggling to hold above $0.2749 as bearish momentum builds. With StochRSI at 22.89 and price failing to reclaim $0.2910 resistance, the pair is at risk of falling toward lower demand zones. Current trading suggests a breakdown play is setting up, especially if support at $0.2699 is breached.
Trade Setup (Short):
Entry Zone: $0.2740 – $0.2780
Targets (TP): $0.2651 / $0.2582 / $0.2490
Stop Loss (SL): $0.2915
Market Outlook:
Bearish indicators are stacking up — low volume bounce, weak RSI recovery, and MACD flattening out. As PERP fails to gather buyer strength near local highs, traders should prepare for a continuation toward deeper lows if selling continues.
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