$PERP / USDT â Strong Bullish Surge! ð
$PERP has seen a significant jump to $0.3684, up by a strong +25.35%! The 4-hour chart shows powerful green candles pushing the price upwards with increasing volume. This indicates strong bullish momentum and potential for further gains.
Potential Trade Setup (Exercise caution and do your own research):
Entry: Consider potential entries on slight pullbacks, watching for support around the $0.3650 level.
Target 1: $0.3750
Target 2: $0.3800
Final Target: $0.3900+ (depending on market conditions)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.3580, to manage risk.
Key Observation: The strong volume accompanying this price increase suggests strong buying interest. Monitor for continuation and potential resistance levels ahead.
Trade responsibly and remember that cryptocurrency markets are volatile.
