🚨 $PERP /USDT Trading Update 🚨

📈 Current Price: $0.5613 (+7.02%)

As PERP shows a bullish uptrend, let's dive into the key trading levels:

Support Level: $0.5550 After multiple touches, the $0.5550 mark has proven to be a robust support level. It's where buyers consistently step in, giving a solid foundation for potential upward moves.

Resistance Level: $0.5611 This recent peak acts as our immediate resistance. A breakout above this could signal further gains.

Entry Strategy:

Long Trade: Consider entering just above $0.5611 if we see a confirmed breakout with volume support. Targeting the next resistance at $0.5648.

Stop Loss: Set a stop loss around $0.5525 to protect your investment against any sudden downturns.

✨ This setup provides a promising opportunity with well-defined risk management. Keep an eye on volume changes as they could be a key indicator of momentum!

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