PERPUSDT bullish ride?💎🐂 PERP Today Analysis

💎 It's primed for an impressive move as it has nicely tapped the Order Block (OB) and initiated a bullish surge.

💎 Upon deep analysis, we notice that the previous demand turned into supply, causing a downward price movement. The presence of liquidity is the driving force behind this move.

💎 The first bounce saw a price rejection, but the second bounce was weaker despite the rejection, leading to a downward move.

💎 Given the clear imbalance, liquidity, and bearish OB above, we expect the price to reach this level to mitigate this OB.

💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey

Trade closed: target reached