$PERP /USDT – Technical Analysis Report
Current Price: 0.2745
has staged a sharp recovery from the 0.2542 low, gaining over 5% in the latest move. The breakout above both the MA(25) at 0.2630 and MA(99) at 0.2697 confirms strong bullish momentum in the short term. The MA(7) at 0.2687 is leading the upside push, showing that near-term buyers are firmly in control.
The price has just tested 0.2749, which now stands as immediate resistance. A clear break and sustained hold above 0.2750 would open the way toward 0.2800 and 0.2850 as the next upside targets. Volume confirmation will be key to sustain the rally.
On the downside, initial support lies at 0.2690–0.2700 (MA99 and breakout zone). A failure to defend this level could invite profit-taking, dragging price back toward 0.2630. A breakdown below that would weaken the bullish outlook and re-expose the 0.2540 low.
Entry Zone: 0.2700 – 0.2740
Stop-loss: below 0.2630
Upside Targets: 0.2800 / 0.2850 / 0.2900
Trend Bias: Bullish while above 0.2690; momentum strengthens above 0.2750.