$PEOPLE /USDT – Bullish Breakout or Just a Fakeout? ⚠️
📈 Current Price: $0.01453 (+6.68%)
📊 24H Range: $0.01357 – $0.01628
📐 Market Structure:
• Strong bounce from key support zone around $0.01400
• Attempting to break descending trendline
• Volume spike hints at potential breakout – but confirmation still pending
🔍 Key Levels to Watch:
• Breakout Confirmation: Above $0.01480 – $0.01500
• Support Zone: $0.01400 – $0.01370
• Bullish Target: $0.01600 and $0.01680
• Fakeout Signal: Strong rejection from $0.01500 with volume drop
⚠️ Breakout or Trap?
If this candle closes above trendline resistance with follow-up volume—bullish confirmation is in play.
Otherwise, it's a fakeout trap for late buyers.
✨ Pro Tip:
Wait for a confirmed retest of the breakout line before entering. Risk management is key in volatile fakeout zones!
Let the price prove itself—don’t FOMO!
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