$PERP Token Dip Alert: Long Liquidation Spotted!
A $4.91K long position was liquidated at $0.2611 — signs of weakness as buyers get flushed out.
What’s Next for PERP?
This liquidation may lead to more downside unless bulls defend key support.
Buy Zone: $0.240 - $0.255 (watch for reversal signs)
Target 1: $0.278
Target 2: $0.298 (if recovery kicks in)
Stop Loss: $0.229 (to control risk)
PERP needs a strong bounce to regain strength. Patience is key — wait for a solid base or volume spike. Use smart risk management. The shakeout could lead to a sharp rebound if bulls step back in!