#PerpetualProtocol ($PERP ) has recently demonstrated significant bullish momentum, breaking through key resistance levels and reaching an intraday high of $0.3722. This surge represents a substantial gain from the earlier entry zone of $0.2900–$0.3000, delivering impressive returns for traders who capitalized on the breakout.

Market Recap:

Entry Zone: $0.2900–$0.3000

Breakout Confirmation: Clear surge past $0.3360

Current High: $0.3722

Current Price: $0.3231

What's Next?

If $PERP maintains support above $0.3600, it could pave the way for further upward movement. A healthy pullback towards the $0.3400–$0.3500 range may offer fresh buying opportunities before the next potential push higher.

Long-Term Outlook:

Looking ahead, some forecasts suggest that #perp could reach a maximum of $0.68 by the end of 2025, indicating a potential upside of over 100% from current levels. More optimistic projections estimate a peak of $4.77 in the same period, reflecting the platform's growth potential within the DeFi sector.

As always, ensure you stay updated with the latest market trends and analyses. If you're considering trading PERP, monitor the price action closely and adjust your strategy accordingly.