🚀$PERP /USDT – Momentum Ignited After Strong EMA Breakout!🤔🔐👇

Timeframe: 1H & 4H | Momentum: Bullish

📊 Chart Observations

🔹 1H Chart:

$PERP has successfully broken above the 200 EMA (red line) at $0.2487 with a strong bullish candle, suggesting a breakout continuation pattern. RSI is surging near overbought at 73.20, indicating high momentum but also hinting at a possible minor pullback or consolidation.

🔹 4H Chart:

The $PERP price is now challenging the 50 EMA (blue line) around $0.2489. A successful close above this level will open the path toward the 100 EMA (yellow) at $0.2593, followed by the 200 EMA at $0.2717. RSI has crossed 55.32, confirming a mid-term trend reversal in play.

🎯 Trade Plan – Long Bias Setup

Entry Range: $0.2470 – $0.2480

Short-Term Target: $0.2590

Mid-Term Target: $0.2715

Invalidation (Stop-Loss): Below $0.2430

🟢 Why Bullish?

EMA crossover attempts on both timeframes

High RSI momentum confirming strong buyer interest

Series of higher lows indicating trend shift

💡 Pro Tip: Wait for the next minor pullback toward the 20 EMA (green) on 1H before entry to reduce risk. If RSI remains above 60 on 1H even during pullbacks, the uptrend is likely intact.

🧠 "Success in trading is not about prediction. It’s about preparation, execution, and risk management."

📢 DYOR – This is not financial advice. Trade responsibly.

#perp #BinanceAlphaAlert #MarketPullback #Binance #TradingSignals