$PEOPLE

PEOPLEUSDT

Perp

0.01834

+5.76%

/USDT Short Trade Signal .!๐Ÿ”ด

$PEOPLE jumped in 24h, reaching up to 0.01928 but is now pulling back, showing early signs of exhaustion near resistance. Meme coins can reverse sharply after spikes, so watch for a lower high or rejection candle.

Entry (Short):

0.01840 โ€“ 0.01900 (ideally on a failed retest of 0.01900)

Targets:

1. 0.01780 (near minor intraday support)

2. 0.01730 (24h low area)

3. 0.01680 (deeper pullback if momentum drops)

Stop Loss:

0.01950 (above 24h high to avoid squeeze risk)

Key Levels:

Resistance: 0.01900 / 0.01928

Support: 0.01780 / 0.01730 / 0.01680

Pivot Zone: 0.01810

Pro Tip:

Wait for signs of weakness on the 15mโ€“1h timeframe โ€” like a long upper wick or rejection at 0.01900 โ€” before shorting. Use trailing stops as each target hits and watch for sudden meme coin volatility. If price closes strongly above 0.01950, consider closing the position early to protect capital

PEOPLE

0.01834

+5.58%

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