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PERPUSDT

Perp/Usdt Analysis PERP/USDT Timeframe: Daily Today, PERP/USDT experienced a remarkable surge, exceeding 80% in gains. However, it is my professional opinion that this upward momentum may be waning. I anticipate that PERP will encounter significant resistance at its current price level, prompting a substantial number of short-term buyers to exit their positions. Consequently, we should anticipate a potential correction in the range of 40-60% from its current level. I must emphasize that this analysis serves as a conceptual idea and is not a definitive recommendation for action. It is crucial for traders to conduct their independent research and analysis before making any trading decisions. Wishing you success in your trading endeavors. If you appreciate our insights, your support is greatly appreciated. Best regards,
Short
by Crypto-By-Ghazi
📈 PERP/USDT Descending Triangle Breakout 🚀Hey traders! 👋 PERP/USDT just made an exciting move that caught our attention. 🚀📉 Chart Analysis: We've been tracking PERP/USDT for a while, and it's been forming a descending triangle pattern. This pattern typically signals a potential breakout on the horizon. 📉📈 Today, we witnessed the anticipated breakout to the upside! 🚀🚀 This bullish move is certainly exciting news for PERP traders. Key Points: 🔹 PERP/USDT broke above the upper trendline of the descending triangle. 🔹 Volume surged during the breakout, confirming the move's strength. 🔹 The next resistance levels to watch are at $12 and $14. Trading Strategy: While this breakout is promising, it's essential to exercise caution. Always have a clear risk management strategy in place. Consider setting stop-loss orders to protect your positions and locking in profits as the price continues to rise. 🛡️💰 Remember, trading involves risks, so trade responsibly and only with what you can afford to lose. 🚨 Keep an eye on PERP/USDT as it continues its journey. The crypto market is full of surprises, and this breakout could lead to exciting opportunities. 🌟 Happy trading, and may the charts be in your favor! 📊🤞 #PERP #USDT #CryptoTrading #TechnicalAnalysis #Breakout #DescendingTriangle #CryptoMarket #TradingView #CryptoAlert
Long
by STP_MrNodeItAll
2
PERPUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for PERPUSDT In the current chart, we observe R1 as a resistance line which expresses the price was not able to rise upward at different points. And S1 and S2 are our support areas in which the well support of price sine the past is clearly seen. Hence, we have the price fluctuating in S1 and our prediction is an increase to happen for the price toward R1 and surely the long position of our chart is activated then. You know that in case the price cannot be supported at S1 or even by reaching R1, it will experience more decline in the coming days. We suggest you to consider everything which is required for more profitable trades and movements. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
4
$PERPUSDT- Buying at .226, Bounce Up, then final bottom at .068?Two scenarios here.. but first! First we touch the fibonacci extension down at .226 From there, I anticipate a bounce up to either the 38%, 50%, or 68% retrace levels of the inverse fib. From there: Scenario A: If the 88% level is broken, I think it's safe to say the bottom is in and PERP is now officially back in bullish territory. Scenario B: If the 88% level is not broken & the price retraces, I think it falls to .068, and THEN at that point, the bearish pattern is broken. Unless another fibonacci sequence materializes somewhere in there. I personally am leaning towards Scenario B, but I plan to buy the bounce at .226 regardless.
Short
by UnknownUnicorn1935796