$PRL still looks SHORT-biased to me. The 4H chart shows a clear blow-off move into the 0.44 area followed by a harsh rejection back toward 0.25, which is not what healthy continuation usually looks like. On 15m, price is just drifting around MA7 and MA30 with flat momentum instead of showing strong reclaim behavior. Yes, Binance Futures listing and exchange visibility brought huge attention, but that also created the kind of speculative excess that often leads to a nasty unwind after the first mania leg.
Bias: Short
Entry: 0.252 - 0.258
SL: 0.268
TP1: 0.241
TP2: 0.228
TP3: 0.210
If PRL cannot reclaim momentum fast, I expect the post-hype bleed to continue. $PRL #Perle #AI #Futures #Trading