$PERP /USDT Technical Analysis & Trade Signal
Trend: Bullish momentum (+9.00% in the last 24h).
Moving Average (MA60): Price is trading above the 60-period moving average ($0.8271), indicating an uptrend.
Support Level: $0.8240 (nearest).
Resistance Levels:
1. $0.8315 (24h high).
2. $0.8450 (short-term resistance).
3. $0.8600 (major resistance).
Trade Signal
Entry Zone: $0.8280–$0.8305 (current range).
Momentum: Strong, with high volume confirming buying pressure.
Targets:
1. Target 1: $0.8400 (short-term).
2. Target 2: $0.8550 (mid-term).
3. Target 3: $0.8700 (extended).
Stop-Loss: $0.8200 (below key support).
This setup favors a buy trade, leveraging the current bullish momentum and strong market interest.
