✴️ Perpetual Protocol Can Grow Beyond 2.8 Reach 3.7 |High Volume

Perpetual Protocol bottomed November 2022, today's massive action (over 70% growth in a single day) confirms a long-term higher low.

The bottom happened 9-November 2022 and the higher low now confirmed 17-August 2023.

We need to look at this in conjunction with the entire Altcoins market.

I know it is still early and things will really pick up late this month and after the 15th but, if it is going to happen anyway there is no loss in pointing it out.

PERPUSDT is showing really high volume today, earlier we looked at "the volume signal" using the Polygon chart. Additional charts are always shared in the 'Related ideas' below and you should take the time to read these if you are into this for learning, if you are looking for strong confirmation of the bullish bias or to negate a bearish doubt then read the same. If you read all the trade ideas I am publishing you won't need to read anything else and you will see 100% clear what I see, as I use many signals to support my point of view. Let's call it evidence based technical analysis.

Sorry for rambling I was having some fun.

Looking at how the rest of the market is doing helps to predict how far up this and other pairs can go. Potentially because things can always change.

I fail victim of repeating the same thing over and over but I am sorry, I like to keep it simple as simple is always best.

A long-term higher low confirms the bullish bias/potential and opens the door for a higher high on the way up.

A lower low can still end up in a higher high on the next jump but the higher low is obviously stronger.

Perpetual Protocol (PERPUSDT) can go and hit 1.90, 2.84 or even 3.78... Here we have multiple choices because of the mixture of Fibs, past history and the market action as a whole we use to compare.

In short, it is going bullish and it will go higher than anything you are prepared for or can expect.

Just as we hit new lows on the way down, new highs can be hit on the way up.

Just as it can crash for months and months while we were ready for only a few weeks, it can jump up many Xs rather than just a little bit.

My job is to give you a great entry, your job is to maximize potential profits.

Namaste.