$PRL looks overheated and vulnerable to further downside.

Yes, the news flow was strong: Binance launched PRLUSDT Perp, Binance ran a PRL trading competition, and Coinbase put Perle on its roadmap. But the chart reaction matters more now. 4H printed a blow-off spike toward 0.4429 and then gave back a huge chunk of the move. On 15M, price is struggling around 0.25, sitting below MA30 with weak follow-through.

Bias: Short

Entry: 0.251 - 0.258

SL: 0.269

TP1: 0.238

TP2: 0.223

TP3: 0.205

For me, this is no longer a clean momentum long. It looks like post-hype fade risk on $PRL. #PRL #Perle #Futures #TechnicalAnalysis #Crypto