$PERP

/USDT chart on the 15-minute timeframe displays a clear ascending channel pattern following a strong bounce from the 0.2143 support level. The price is currently trading at 0.2277, showing a significant +6.10% increase. The recent price action suggests a continuation of the bullish trend.

Entry Level: A retest of the 0.2250-0.2260 support zone could offer a good entry.

Target Level: The immediate target is the 24h high of 0.2281, with an extended target at 0.2300.

Stop Loss: A stop-loss should be placed below the recent swing low, around 0.2230.

Given the established ascending channel and the current momentum, the market's next move is anticipated to be bullish, aiming for higher highs within the channel.

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