The price of Peraso Inc. has recently broken through multiple resistance levels, including the red descending trendline and the blue trendline, signaling strong bullish momentum. The stock has also returned to the black range, making this zone a critical level to monitor.
Today's candle was a strong bullish candle with high volume, further reinforcing the potential for upward movement. A retest of these levels would provide a clearer confirmation and a better opportunity for entry. Traders should closely monitor the price action and volume at these key zones to validate the breakout and potential continuation of the bullish trend.
This is my personal analysis and opinion, not a recommendation to buy or sell.
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