$PERP has seen a notable price decline of 5.968% in the past 24 hours.
Trading within a range of 0.2409 to 0.225, it is currently testing the key support level at 0.225.
The RSI stands at 32.05, indicating oversold conditions, which may attract bargain hunters.
Market sentiment appears to be undefined, with traders cautious amid the price drop.
A rebound could lead to a retest of resistance at 0.2403, while a break below support may signal further weakness.
Keep an eye on market news or events, as they could significantly sway price action moving forward.
