$PERP

/USDT: Strong Dip Move 💯 Ready For Potential Bounce 💯 🔥

Key Data:

Current Price: 0.7515

24h High: 0.8514

24h Low: 0.7505

24h Volume (PERP): 1.98M

24h Volume (USDT): 1.57M

Price Change (24h): -11.00%

Recent 15m Move: -0.0022 (-0.29%)

Trade Plan:

Entry Zone:

Buy near: 0.7505–0.7515, near recent low and support zone.

Targets:

🎯 T1: 0.7700 – Short-term resistance.

🎯 T2: 0.8000 – Mid-range resistance level.

🎯 T3: 0.8200 – Test 24h high for breakout potential.

Stop-Loss:

Set at: 0.7400, below the recent low to manage risk.

Trend Analysis:

Downtrend: The price has dropped 11.00% in the last 24 hours but is holding near 0.7505, a key support area.

RSI: Likely nearing oversold territory, suggesting potential for a reversal.

Volume: Low volume suggests consolidation before a potential move upward.

Strategy:

Look to enter long near 0.7505–0.7515 as price holds near support.

Target T1 and T2 for short-term gains, with further upside toward T3 if a breakout occurs.

Adjust stop-loss as the price rises to lock in profits.

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