$PEOPLE /USDT: Riding the Bear Wave – Short Opportunity ⚡🔥
🤑 Current Price: $0.02729 (–24.94%)
⚙️ Leverage: 10x (isolated)
In a market where bearish pressure is mounting on #PEOPLE , this setup offers a compelling short opportunity. Below is a crisp, value-packed breakdown to help you execute with precision and discipline.
🚩 Entry Zone
• 0.02800 – 0.02900
Await a pullback into this resistance area before initiating your short. This zone aligns with recent rejection levels and maximizes your edge.
🛑 Stop Loss
• 0.03050 (≈ +11.8% above current)
Keep risk controlled—anything above this level invalidates the bearish thesis.
🔥 Resistance Levels
1. 0.02850 – First hurdle, watch for supply reactions
2. 0.02980 – Key rejection point seen on daily chart
3. 0.03100 – Major barrier, heavy order clusters
🎯 Profit Targets
1. 0.02650 – Quick scalp, captures early downside
2. 0.02580 – Riding the momentum lower
3. 0.02500 – Approaching next demand zone
4. 0.02420 – Maximum conservative target
Scale out incrementally as PRICE tags each level to lock in gains and manage exposure.
💡 Why This Trade?
Bearish Sentiment: PEOPLE has lost nearly 25% recently, signaling strong seller dominance.
Clear Resistance: Multiple supply zones around entry increase odds of a reversal.
Buy and Trade Here $PEOPLE