PERP/USDT ANALYSIS

PERP is consolidating within a descending channel and is currently trading above the support trendline, where a potential bounce is likely.

The 21MA is acting as a resistance barrier just below the channel’s resistance trendline.

A decisive breakout from the channel would signal a bullish trend, while a breakdown would invalidate the pattern.

Use RISK MANAGEMENT

SPOT TRADING✨️

FUTURES TRADING✨️

SPOT BAG✨️

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$PERP