📉 $PERP /USDT – Pullback in Progress! Is a Bounce Coming? 🔍

📊 Momentum Analysis

PERP is down -5.65% over 24h, trading at $0.2155 after touching a low of $0.2131. With a 24h volume of 8.13M PERP and $1.80M USDT, momentum is weakening but nearing key support levels. A short-term rebound could be forming if support holds.

✅ Long Setup

Entry Zone: $0.2130 – $0.2080

Targets:

🎯 T1: $0.2210

🎯 T2: $0.2270

🎯 T3: $0.2335 (24h high)

Stop Loss: $0.2045

🔓 Breakout Confirmation Level

Reclaiming $0.2270 with volume will signal strength and breakout potential.

🧱 Key Support

Primary Support: $0.2130

Major Demand Zone: $0.2080 – $0.2040

💡 Pro Tip for Traders

PERP is hovering just above a major intraday support. Monitor RSI and MACD on the 1H chart—bullish divergence could spark a relief rally. Ideal for scalpers watching for mean reversion moves.

📌 PERP/USDT Snapshot

Price: $0.2155

24h Change: -5.65%

24h High / Low: $0.2335 / $0.2131

Volume (PERP): 8.13M

Volume (USDT): $1.80M

Order Book Depth:

Resistance: $0.2184 / $0.2213 / $0.2243 / $0.2273

Support: $0.2155 / $0.2124

Timestamps:

05:45 → Local peak

13:00 → Pullback accelerates

20:15 → Support test in progress

📉 Volatility Risk: Moderate

📈 Trading Style: Quick bounce or breakout play above $0.227

#PERP #USDTTrading #AltcoinSetup #BreakoutTrade #PERPReversal