$PERP /USDT – Bullish Reversal Setup
Entry Zone: 0.2900 – 0.2950
Target 1: 0.3100
Target 2: 0.3260
Stop Loss: 0.2840
Trend Bias: Oversold Rebound Likely
Market Insight:
PERP has pulled back sharply and is hovering just above its 24h low. With MA(7) and MA(25) converging near current price, this area could serve as a reversal zone. Volume remains healthy despite the drop.
Pro Tip:
Look for a bullish engulfing candle or breakout above 0.295 for stronger confirmation before full entry.
