$PEOPLE HEAVY DROP – Bearish Pressure Still in Play
$PEOPLE /USDT faced a sharp pullback, tumbling -12.80% in the last 24 hours to trade around $0.01832, down from a daily high of $0.02131. With over 674.86M PEOPLE traded, the sell volume signals strong bearish momentum, driven by fast exits and weak buyer defense.
24h Overview:
• High: $0.02131
• Low: $0.01748
• Current Price: $0.01832
• Volume: 674.86M PEOPLE
Technical Outlook:
• Downtrend remains active with no clear reversal signs yet.
• If support at $0.01720–$0.01750 fails, a deeper drop could unfold.
• Only a push back above $0.01980–$0.02050 would signal early bullish recovery.
Scenario to Watch: If PEOPLE retests the lower support zone and holds, a short-term rebound may follow. Until then, caution is advised. Traders should look for volume confirmation and bullish structure before re-entering long positions.
