๐Ÿ“ˆ PEOPLE USDT Analysis 1 H

๐Ÿš€ Strong Uptrend Detected

The chart shows a powerful bullish move recently with the price skyrocketing from around 0.02 USDT to over 0.035 USDT This is a major breakout after a consolidation period ๐ŸŸข

๐Ÿง  Key Observations

โœ… Golden Cross likely happened Shortterm moving average eg purple line crossed above a longer one blue indicating a bullish trend

๐Ÿ”ฅ High Volume Spike during the breakout โ€” shows strong market interest and buyer strength

โš ๏ธ Current Pullback The latest candles show some selling pressure profit taking maybe The price is correcting slightly near 0.03310 USDT

๐Ÿ› ๏ธ Support and Resistance

Support Around 0.028โ€“0.030 USDT

Resistance Near 0.036 USDT recent top

๐Ÿ“‰ If price drops below 0.030 we might see further pullback

๐Ÿ“ˆ If it holds and bounces we could see a retest of the recent high and maybe higher

๐Ÿ”ฎ Conclusion

Bullish trend ๐Ÿ“Š but watch for short term pullbacks Ideal to wait for a bounce confirmation at support before considering entry ๐Ÿ“Œ

Do you want a short term trade idea or a long term outlook