LONG $APR - STRONG MA60 BREAKOUT WITH PERPETUAL CONTRACT MOMENTUM
Current Price: $0.10937
Signal: Price has broken decisively above MA60 resistance with strong momentum in perpetual contracts, showing potential for continued upward movement.
Entry: 0.10880 - 0.10960
TP1: 0.11200
TP2: 0.11500
TP3: 0.11800
SL: 0.10700 (below MA60 support)
CHART ANALYSIS:
MA60 Breakout Confirmed: Price trading well above MA60 ($0.10753) confirms successful resistance break and bullish trend shift.
Strong Daily Momentum: +7.35% gain shows aggressive buying pressure in perpetual contracts.
Perpetual Contract Leverage: As a perpetual contract, this move may be amplified by leveraged long positions and funding dynamics.
Clean Breakout Structure: Price action shows decisive breakout above key moving average with minimal retracement.
Volume Confirmation: Healthy volume supports the breakout, suggesting genuine trader interest.
#APR #Long #Breakout #Perpetual #Bukharitechtips
