$PERP
/USDT SHOWING SIGNS OF A BASE FORMATION! šš
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.
š Technical Snapshot:
EMA(7): $0.2281 (currently testing)
EMA(25): $0.2295
EMA(99): $0.2301
24h High / Low: $0.2341 / $0.2252
š 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.
šÆ Short-Term Trade Setup:
Entry: $0.2280
TP1: $0.2310
TP2: $0.2340
SL: $0.2250
š Confirmation above the 25 EMA + volume boost would open up further upside. Until then, trade lightly and defensively.
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