$PERP /USDT Technical Analysis & Trade Signal

Current Price: $0.8498 (+5.95% in 24h)

24h High: $0.8539

24h Low: $0.7858

Technical Indicators:

Support Level: 0.8413

Resistance Level: 0.8539

SAR (Stop and Reverse): 0.8341 (trend reversal signal)

Momentum: Positive (price has increased +5.95% in the last 24 hours, showing upward momentum)

Trade Signal: Bullish

The price is above the SAR, indicating an ongoing uptrend.

A potential breakout above $0.8539 could drive the price higher.

Target Levels 🎯:

1. Target 1: $0.8600 (near resistance level)

2. Target 2: $0.8800 (psychological level)

3. Target 3: $0.9000 (extended resistance)

Trade Momentum: Bullish – With the upward price movement and positive momentum, the trade is leaning toward a continuation of the trend. Watch for a pullback near the support level ($0.8413) to enter at better price points. Keep an eye on the SAR value (0.8341) for any potential trend reversal signals.

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$PERP