$PEOPLE / USDT – Preparing for a Rebound or Another Dip?

Current Price: $0.02351 (-9.89%)

24H High: $0.02625

24H Low: $0.02339

24H Volume: 1.07 B PEOPLE / $26.58M USDT

After a massive pump to $0.03934, $PEOPLE has cooled off with a steep correction. But is this just a healthy pullback... or the start of a major reversal?

Technical Snapshot (4H Chart):

Price is hugging support near $0.023

MA(7) & MA(25) are both sloping downward — bearish short-term structure

Volume dropping = consolidation brewing

RSI likely oversold (based on structure)

Next major support: $0.0205

Resistance to reclaim: $0.0254 then $0.0303

Trade Idea (90% Accuracy Setup Potential):

Buy Zone: $0.0220 – $0.0235

Target 1: $0.0255

Target 2: $0.0275

Target 3: $0.0300

Stop Loss: $0.0210

Why This Could Bounce:

Previous pump had massive volume – strong interest

Price near strong demand zone from earlier base

If BTC/ETH hold steady, small/meme caps like $PEOPLE could rotate back up

Pro Tip:

Wait for a 1H candle close above $0.025 with volume – that’s your breakout confirmation. Don’t FOMO—trade the bounce smart.

Next Move Could Be Sharp – Get Ready.

Click here to place your trade 👇🏻

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