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**$PERP / USDT – Another Bullseye! Momentum Still Strong**
What a remarkable surge—$PERP skyrocketed from $0.1875 to $0.3047, marking an impressive +62% rally in a short period of time. The price is currently stabilizing around $0.2854, supported by significant volume that confirms the breakout.
**Key Levels:** - **Support to Maintain:** $0.2600 - **Re-entry Zone (on pullback):** $0.2700 – $0.2750 - **Next Targets:** $0.3200 and $0.3450
**Market Outlook:** - The bullish trend remains firmly in place. - Volume is increasing, with momentum clearly favoring the bulls. - The breakout has been confirmed, and higher highs are likely if support holds.
**Trade Strategy:** - Already in? Keep riding the wave—bulls are in control. - Looking to enter? Watch for a clean dip into the re-entry zone.
The breakout is genuine, and momentum continues to be strong—keep $PERP on your watchlist for the next upward movement.
Dogecoin made another attempt at a breakout but was rejected once more at the $0.1600 resistance level for the third time. The price has since pulled back, currently hovering around $0.1533 after dipping to $0.1527.
**Market Insight:** Repeated rejections at this level indicate a strong presence of sellers. Short-term momentum leans toward the downside unless buyers actively defend the support. A clear reclaim of $0.1565 or higher is essential to suggest potential bullish continuation.
**Trading Outlook:** Refrain from pursuing long positions at this moment. Wait for confirmation of a bounce or a breakout above $0.1565 before considering new entries. Pay close attention to trading volume and candlestick patterns at the current support level. Caution is important right now—allow the market to reveal its intentions before taking action.
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