$PEOPLE

PEOPLEUSDT

Perp

0.01834

+5.76%

/USDT Short Trade Signal .!🔴

$PEOPLE jumped in 24h, reaching up to 0.01928 but is now pulling back, showing early signs of exhaustion near resistance. Meme coins can reverse sharply after spikes, so watch for a lower high or rejection candle.

Entry (Short):

0.01840 – 0.01900 (ideally on a failed retest of 0.01900)

Targets:

1. 0.01780 (near minor intraday support)

2. 0.01730 (24h low area)

3. 0.01680 (deeper pullback if momentum drops)

Stop Loss:

0.01950 (above 24h high to avoid squeeze risk)

Key Levels:

Resistance: 0.01900 / 0.01928

Support: 0.01780 / 0.01730 / 0.01680

Pivot Zone: 0.01810

Pro Tip:

Wait for signs of weakness on the 15m–1h timeframe — like a long upper wick or rejection at 0.01900 — before shorting. Use trailing stops as each target hits and watch for sudden meme coin volatility. If price closes strongly above 0.01950, consider closing the position early to protect capital

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