🔥 PEOPLE Coin (ConstitutionDAO) – Strong Breakthrough, Short-Term Trading Opportunity
📊 Real-Time Price Update
Currently, PEOPLE is trading at $0.0348, up 58.97% in the last 24 hours. The trading volume reached $436 million, indicating a strong influx of funds into this coin.
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📈 Technical Analysis
15-Minute Frame (15m):
• Trend: Short-term Upward.
• Indicator: RSI above 70, indicating the market is in the overbought zone.
• Volume: Increasing, confirming strong buying pressure.
1-Hour Frame (1h):
• Trend: Medium-term Upward.
• Indicator: MACD crossing up, confirming the upward trend.
• Resistance: $0.038.
4-Hour Frame (4h):
• Trend: Strong Upward.
• Pattern: Forming a rising triangle pattern, forecasting an upcoming breakout.
• Indicator: EMA 50 crossing above EMA 200, confirming the long-term upward trend.
Daily Frame (D):
• Trend: Sustainable Upward.
• Indicator: RSI around 65, positive MACD, supporting the upward trend.
• Resistance: $0.040.
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🎯 24h Futures Strategy
• Position: Long
• Entry Level: $0.0345
• Take Profit (TP): $0.040
• Stop Loss (SL): $0.030
• R:R Ratio: 1.5:1
Reason: Clear upward trend across all 4 time frames, with increasing volume and supportive technical indicators.
📌 Note: The above strategy is for reference only. Please assess risks and manage capital when participating in trading.
