$PERP /USDT – Reversal Building or Just a Relief Bounce? 🚀
$PERP is trading at $0.2278, showing a mild +1.42% recovery. After a steep dip from its 24H high of $0.2310, it's attempting a short-term bounce. The 15M chart reflects lower highs and an indecisive structure, but buyers are stepping in near the $0.2260 support.
Trade Setup (Short-Term Play):
Entry Zone: $0.2275 – $0.2285
TP1: $0.2310
TP2: $0.2350
TP3: $0.2400
Stop Loss: $0.2250
📊 Market Insight: This could be a short-lived bounce unless volume kicks in. Watch closely for rejection near $0.2310 — a failure there might trap bulls again.
⚠️Pro Tip: Use tight risk management — momentum is not yet confirmed, and volatility is still low.
Stay alert — $PERP could flip either way based on the next 30M price reaction!
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