šØ $PERP Setup šØ
šÆ Targets:
TP1: $0.2590 šÆ
TP2: $0.2675 šÆ
TP3: ā š (Awaiting further structure for a third target)
š Technical Analysis:
$PERP recently broke out from the $0.2426 level and is now consolidating just below local resistance at $0.2590. This healthy consolidation indicates that bulls are holding ground. A confirmed 15-minute candle close above $0.2600 could trigger the next leg up. RSI on the 1H chart is neutral-bullish, indicating room for further upside.
š Key Support/Resistance Zones:
Support: $0.2500
Resistance: $0.2590
Watch closely for a clean breakout above $0.2600, which would signal a fresh momentum wave.
š Volume Insight:
Volume has slightly cooled down post-breakout, consistent with the current consolidation phase. Look for a renewed volume spike as $0.2600 is breached for a potential rally continuation.
ā ļø Risk Management Tip:
Stop-loss is set at $0.2490 to limit downside. Use the breakout above $0.2600 as a trigger and manage trades actively by locking in profits at each target zone.
#PERP #CryptoSignals #BreakoutWatch
šš¶ $PERP
š Disclaimer:
This setup is based on personal analysis and insights from verified, experienced traders. Shared for educational purposes. All trades carry risk, and patience is essential for success.