$PERP

#PERP price increase high demand . 📈

Moving Averages (MA) : The short-term MAs (MA(7), MA(25), and MA(99)) are all trending upwards, indicating an increase in demand.

Relative Strength Index (RSI) : Although not visible in the provided image, the RSI is often used to measure the magnitude of recent price changes to determine overbought or oversold conditions. A high RSI value would indicate high demand.

Order Book : The order book shows a higher percentage of buy orders (59.27%) compared to sell orders (40.73%), indicating a higher demand for the cryptocurrency.

Price Action: The price of PERP/USDT has increased by 10.70% and is currently trading above its 24-hour low, suggesting high demand.

Volume: The 24-hour volume in USDT is 1.78M, which is a significant amount, indicating high trading activity and demand.

These indicators collectively suggest that there is high demand for the PERP/USDT cryptocurrency pair. However, it's essential to note that cryptocurrency markets are highly volatile, and demand can change rapidly.#INDIANstock