Perle $PRL has retracted significantly from its 0.44 ATH, but the AI infrastructure narrative is far from dead. We are now approaching a major psychological and technical floor.
#PERL price is testing the 0.195 - 0.20 support zone. I’m looking for a "reversal candle" here to confirm the bottom.
Technical Indicators:
RSI: Oversold on shorter timeframes—expect a relief rally soon. 📈
MACD: Looking for a bullish crossover on the 1H to signal the end of the selling pressure.
Resistance: The first major hurdle is the 20 EMA at 0.26. A break above that opens the door back to 0.30+
✅ Buy Zone: 0.19 - 0.21
🎯 Target 1: 0.255
🎯 Target 2: 0.310
🛑 Stop Loss: 0.175 (Tight stop to protect capital)
This is a high-reward play if the AI sector starts rotating again. Keep an eye on BTC stability! 🦁
PRLUSDT
Perp
0.214
+7.05%