🔥$PEOPLE Token on Fire! Is a Breakout Brewing Above Resistance?🔥

PEOPLE/USDT is showing signs of bullish strength with a +4.98% surge, currently trading at 0.02023.

📊 Technical Breakdown:

1H Timeframe: $PEOPLE Price is pushing against the 50 EMA resistance at 0.02035. A clean breakout above this level could trigger short-term momentum.

RSI (14): 61.89 – momentum is strong, hovering just below overbought.

MACD: Bullish crossover confirmed. Histogram building upward support for continued uptrend.

MA/EMA Cross (50/20): The moving averages are converging, hinting at a bullish cross setup if momentum sustains.

⏱ 4H Timeframe Insight:📊

The price is attempting to flip the 20 EMA as support.

If it holds above 0.02021, next targets are 0.02065 and 0.0212.

Structure remains bullish as long as the support at 0.01960 remains unbroken.

💡 Trade Thinking:

$PEOPLE is recovering from its short-term correction phase and setting up for a potential move higher. Watch for confirmation above resistance before entering. A higher high structure on the hourly would be the bullish trigger.

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⚠️ This is not financial advice. Please DYOR before making any trade decisions.

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