🔥 $PERP /USDT – Key Levels in Play for Next Move

Analysis:

PERP is trading around 0.2788, under pressure after failing to hold above the 0.2900 resistance. Current range is tight, with 0.2725–0.2715 acting as critical support. A bounce from this zone could spark a short-term recovery, while a breakdown may extend the downtrend toward lower levels.

Trade Setup – LONG Scenario (If Support Holds):

Entry Zone: 0.2730 – 0.2760

Take Profit 1: 0.2850

Take Profit 2: 0.2900

Stop Loss: 0.2700

Trade Setup – SHORT Scenario (If Support Breaks):

Entry Zone: 0.2715 – 0.2730

Take Profit 1: 0.2660

Take Profit 2: 0.2600

Stop Loss: 0.2760

$PERP