$PERP
/USDT SHOWING EARLY SIGNS OF RECOVERY! ๐๐
PERP bounced off a local low of $0.2268 and is now trading at $0.2285 (+0.97%). The 15m chart shows an effort to regain control as the price challenges the 7 EMA โ but key resistance zones lie just above.
๐ Technical Overview:
EMA(7): $0.2282 โ
EMA(25): $0.2295
EMA(99): $0.2301
24h High / Low: $0.2341 / $0.2252
โ ๏ธ Reclaiming the 7 EMA is a good start โ but bulls need to push through $0.2295 to flip structure bullish again.
๐ฏ Short-Term Trade Setup:
Entry: $0.2285
TP1: $0.2310
TP2: $0.2335
SL: $0.2260
๐ A close above the 25 EMA would confirm upward momentum. Watch volume closely as it will be the key driver in breaking resistance.
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