🔥 $PEOPLE About to Crack or Just Cooling Off? Bearish Setup Alert!
The recent $PEOPLE pump hit $0.03934 but quickly lost steam. With momentum fading and volume drying up, could a correction be next?
📉 #PEOPLE /USDT Signal – Short Setup (1H Chart)
Buy and Trade Here : $PEOPLE
📍 Entry: 0.03380 – 0.03450
🛡 Stop-Loss: 0.03550
🎯 Target(s): 0.03100, 0.02860
📊 Risk/Reward: Approx. 1:2
📈 Confidence Level: Medium
📌 Setup Explanation:
Price failed to hold above key resistance at $0.03934. It’s now hovering around $0.03383, showing early signs of a pullback. Volume is thinning out, and sellers are likely to dominate below $0.03400. A bounce is possible, but bulls must reclaim quickly to avoid further downside.
💬 What’s your play? Catching the fade or waiting for re-entry?
🔔 Follow for more daily crypto setups, trade ideas, and real-time signals!