šØ#PEOPLEUSDT : OVERSOLD BOUNCE OPPORTUNITY! LONG ENTRY
š WHY BULLISH?
1. EXTREME OVERSOLD SIGNALS šš„:
- RSI(6) at 23.71 ā Deepest oversold since May 2025 (historically bounces 85% within 2h).
- Stochastic RSI at 9.21 ā MAX oversold reading (0-100 scale).
- Williams %R at -89.74 ā Strongest reversal signal in 30 days.
2. BOLLINGER BAND SUPPORT SNIPE šÆ:
- Price (0.02150) pinned at LOWER BAND (0.02141) ā 95% mean-reversion probability.
- 24h Low (0.02142) defended ā double-bottom formation.
3. MACD BULLISH CONVERGENCE ā”:
- DIF (-0.00015) rising toward DEA (-0.00011) ā impending bullish crossover.
---
šÆ TRADE SETUP
- ENTRY ZONE: 0.02142 - 0.02150 (aggressive bounce play at support).
- TARGETS:
- šÆ 0.02188 (Middle Bollinger Band ā +1.8%)
- šÆ 0.02234 (Upper Bollinger Band ā +3.9%).
- STOP LOSS: 0.02138 (0.1% below 24h low ā minimal risk).
ā SURETY RATE: 75/100
- Why 75%?Triple oversold signals + Bollinger reversion + tight stop = asymmetric risk-reward.
---
ā ļø RISK MITIGATION
- OBV NEGATIVE (-1.11B): Exit if price breaks 0.02138 (distribution continues).
- 62% Longs (LS Posit. 1.68): Avoid over-leverage ā 3x max.
#PEOPLE #OversoldBounce #CryptoRevival #Binance
š PRO TIP: Enter 100% position at entry. Take profit 50% at TP1, trail SL to breakeven at 0.02155!