$PEOPLE /USDT – Weak Momentum & Bearish Reversal Setup

Current Price: $0.02351 (+0.60%)

24h High: $0.02948

24h Low: $0.02311

$PEOPLE has failed to hold above key moving averages (MA7 & MA25). The price recently dropped below the critical $0.025 zone, indicating distribution and lack of demand. Volume is also decreasing, signaling buyer exhaustion. A potential drop is likely if $0.02300 breaks with strength.

📤 Entry (Short Zone): $0.02360 – $0.02450

🎯 Target 1: $0.02220

🎯 Target 2: $0.02080

🎯 Final Target: $0.01910

🛑 Stop Loss: $0.02520

Pro Tip: A candle close below $0.02300 with rising volume confirms that sellers are dominating. Don't chase — wait for confirmation and volume.

Bearish Factors:

Trading below all major MAs

Failed breakout above $0.025

Volume divergence on last move up

Support at $0.02300 is fragile

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