$PERP

/USDT SHOWING SIGNS OF A BASE FORMATION! šŸ“‰šŸ”„

PERP hit a local low of $0.2268 and is now slowly recovering at $0.2281 (+0.75%). The 15-minute chart shows a short-term bottoming pattern, but the price remains below all major EMAs, suggesting caution is still needed.

šŸ“Š Technical Snapshot:

EMA(7): $0.2281 (currently testing)

EMA(25): $0.2295

EMA(99): $0.2301

24h High / Low: $0.2341 / $0.2252

šŸ”Ž A reclaim of EMA(25) would be the first true signal of strength. Price action remains weak without volume, but wicks at the bottom suggest buyer interest.

šŸŽÆ Short-Term Trade Setup:

Entry: $0.2280

TP1: $0.2310

TP2: $0.2340

SL: $0.2250

šŸ“ˆ Confirmation above the 25 EMA + volume boost would open up further upside. Until then, trade lightly and defensively.

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