$PERP

🔍 Quick technical reading summary

Current price: 0.2703 USDT

Highest price in 24 hours: 0.3000

Lowest price in 24 hours: 0.2257

Rise: +18.76%

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🕯️ Candle reading:

Strong bullish candle pushed the price from 0.2132 to 0.3000 (vertical breakout with high momentum).

Followed by a red candle with a long upper shadow (reversal candle suggesting partial selling or profit-taking).

The current candle shows consolidation above the support area 0.2680, suggesting an attempt to stabilize after the surge.

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📊 Technical indicators:

Indicator Reading Interpretation

RSI (6) 76.6 Overbought, but has not broken down yet

Stochastic 83.2 (slight decline) Beginning of weakening upward momentum

MACD Positive crossover, momentum is strong and accelerating

OBV Sharp bullish Strong market liquidity entry

Wm%R -34 Has not entered the overbought zone yet - there is room for upward movement

MA5 > MA10 Bullish crossover Confirmation of a bullish trend currently

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📌 Important points:

✅ Good entry zone (retest):

0.2620 - 0.2680 USDT

(At moving average support and accumulated average - AVL)

🎯 First selling zone:

0.2920 - 0.3000 USDT

(Previously reached - current resistance)

🎯 Second selling zone (in case of breakout):

0.3250 USDT

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⚠️ Trading tips:

1. Optimal entry: Wait for retest of support 0.2620 to enter safely.

2. Stop loss: Below 0.2550 (clear support break + momentum break).

3. Profit-taking in two phases:

%50 at 0.2920

%50 at 0.3000 or more if momentum continues.

4. Watch RSI and OBV: Any break of RSI downwards below 65 indicates outflow and may suggest a potential reversal.

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🔥 General momentum:

Strong bullish but may enter slight correction

Momentum is still positive on the 4-hour interval but signs of overbought are appearing

Recommendation: Quick entry with tight stop-loss protection and quick partial profit-taking.

$PERP

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