$PERP /USDT – Long Trade Setup
Current Price: $0.2797
Support Level: $0.2700
Resistance Level: $0.2950
Trade Targets:
• TP1: $0.2900
• TP2: $0.3050
• TP3: $0.3220
Stop Loss: $0.2640
$PERP is currently consolidating above the $0.2700 support zone, signaling a potential bullish reversal. With the price at $0.2797, there’s room to target the $0.2950 resistance level, which if broken, could ignite further upside momentum. Volume patterns and recent price structure support a gradual climb. Targets are set at $0.2900, $0.3050, and $0.3220, capturing both short- and mid-term moves. Traders should monitor volume spikes or a bullish candle close above $0.2850 for added confirmation. A stop loss at $0.2640 is placed just below key support to manage risk in case of invalidation. Overall, this is a favorable setup in a recovering market.
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