PERP/USDT Ready for an Exponential Journey? 👀🚀PERP Analysis

22 בינו׳

💎Paradisers, keep an eye on #PERPUSDT, as it’s showing signs of a significant move from a crucial demand level.

💎#PerpetualProtocol is on an upward trend, suggesting a possible bullish breakout from its current demand zone. We expect a retest of the demand level at $1.07, given the strong supply zone ahead. If #PERP stays above this level, it may start a journey towards the major supply zone at $1.93.

💎On the other hand, if #PERP struggles to keep its position above the support level, it may indicate the need for a strategic adjustment. In that case, we could look for a bullish movement from a lower bullish Order Block (OB).

💎It is vital to watch this level closely, as a drop below could lead to a sharp decline.

💎Stay alert and adaptable, Paradisers. Your ParadiseTeam is committed to providing you with the latest insights and strategic perspectives, enabling you to skillfully navigate these market conditions.