$PEOPLE /USDT – Short Trade Setup Alert! 🚨
Current Price: $0.02341 (+9.91%)
24H High: $0.02468 | 24H Low: $0.02027
$PEOPLE just faced rejection near the $0.0246 resistance zone after a sharp rally. Signs of exhaustion are forming, and a pullback is likely.
Key Levels:
Major Resistance: $0.02450 – $0.02470
Support Levels: $0.02250 and $0.02120
Short Trade Setup:
Entry Zone: $0.02340 – $0.02370
🎯 TP1: $0.02250
🎯 TP2: $0.02120
🎯 TP3: $0.02040
🛑 Stop Loss: $0.02480
Market Insight:
Volume divergence and long wicks near highs indicate bull exhaustion. If price fails to reclaim $0.0245, the path of least resistance is down.
Pro Tip:
Look for a retest and failure near $0.0237–$0.0240 for safe entry. Use trailing stops to lock in profits as it drops.
Ride the retracement wave and trade smart!
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