PERP target 2.691D time frame
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PERP made a rounding bottom and corrects so far. PERP hasn't made any obvious structure with current correction (2nd wave), but there is a critical support zone at 1.07~1.27, which provide good opportunity to set up entry for next potential pump (3rd wave).
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TP: 2.69 / 3.95
SL: 0.985
Perpcoin
WHP PERP COIN PRICE PUMP TOO MUCH?? PURP COIN ANALYSIS!!CRYPTOCAP_OLD:PERP Coin Analysis !!
• RSI Creat Tripple Top on 4h chart & major indicators look overbought on 1D & 4h Chart . ( Bearish sign )
• Currently Price moving Know in a bullish trend.
• There is a two possible trade setups...👇👇👇
1st
Price touch its monthly resistance area 1.38$-1.43$ and then we see drop in its price. ( but this deos not meat my trading strategy wining chances 60/40 )
2nd
Price reach on its new expected H.H Then we see health Correction .. ( REASON :- Current long positions on exchanges is more then shorts so exchanges possible do manipulation ... Instant pump rekt shorters and then big drop rekt longs )
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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.
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