Hello traders, PERL / USDT is in a flag thus a triangle in formation but the volume of return remains the negative point.
For the moment we are in a bullish channel on its lower bound, increasing volume on pull back without any real position taken.
The price trend bottom remains bearish but see if testing the low resistance can breakout this target.
In order to reach the top of the two bounds which cross there, possible correction potential to retest the support, before reaching its last peak which is on major resistance.
This is not investment advice but a recommendation for use.
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