$PERP
PERP/USDT Current Price $0.8636, 24-hour Low $0.8265, High $0.9028. The daily chart shows that this cryptocurrency is in a consolidation phase after a pullback, and the short-term moving averages are beginning to flatten out, with the market balanced between bulls and bears.
Support Levels: $0.8300 and $0.8000
Resistance Levels: $0.9000 and $1.0000
Short-term Trading Strategy:
• Long Position Strategy: If the price pulls back to around $0.8300 without breaking down, consider a light long position, targeting $0.9000 and $1.0000, with a stop loss set at $0.8200;
• Short Position Strategy: If the price rebounds and faces resistance above $0.9000, consider a light short position, targeting $0.8500, with a stop loss at $0.9100.
It is recommended to pay attention to changes in trading volume; if it breaks through the key resistance level of $0.9000 with increased volume, it may start a new round of upward momentum.
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