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,
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,
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For detailed insights, watch our YouTube videos: 🎥https://www.youtube.com/@cryptobyghazi
Stay ahead in crypto with us! 💰📊