$PEOPLE - Sell setup activated!
The price was rejected from the resistance zone at $0.017, and has dropped below the support zone with strong bearish momentum on the hourly chart.
📉 Sell Setup (Futures):
Entry Zone: $0.01660 - $0.01675
Profit Target 1: $0.01620
Profit Target 2: $0.01580
Profit Target 3: $0.01540
Stop Loss: $0.01720
📊 Market Analysis: The false breakout of the consolidation has failed, and it is now transitioning to a clear downward trend with an increase in selling volume.
⚠️ Professional Tip: If the price retests the $0.01680 - $0.017 zone, it is highly likely to re-enter for confirmation. Use a tight stop-loss order!
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