$PERP /USDT BEARISH BREAKDOWN AHEAD?

Current Price: $0.2798

24h Range: $0.2715 – $0.2932

Trend: Bearish Momentum Building on Lower Timeframes

KEY LEVELS TO WATCH:

Resistance:

$0.2930 (Major Supply Zone)

🔺 $0.2880 (Intraday Resistance)

Support:

🔻 $0.2715 (Local Support)

🔻 $0.2650 (Next Key Demand Zone)

TRADE SETUP: SHORT POSITION

Entry: $0.2800 – $0.2820 (ideal on weak bounce)

Stop Loss (SL): $0.2885 (above intraday resistance)

Take Profit (TP):

TP1: $0.2715

TP2: $0.2650

Confirmation Tip: Look for rejection candles near $0.2820 with decreasing volume or bearish engulfing pattern.

RISK MANAGEMENT:

Risk only 1-2% of your capital, maintain a minimum RR of 2:1, and avoid over-leveraging to preserve capital in volatile conditions.

Stay sharp – protect your downside, and let the trend work for you! #StrategyBTCPurchase #ETHBreaks3k #USCryptoWeek #TradingStrategyMistakes #Write2Earn $PERP