๐Ÿš€$PEOPLE /USDT Analysis โ€“ Calm Before a Breakout๐Ÿค”๐Ÿ”‘๐Ÿ‘‡

๐Ÿ“Current Price: $0.01825

๐Ÿ•’ Timeframes: 1H & 4H

๐Ÿ”น 1H Chart Insights:๐Ÿ“Š

Price has rebounded slightly from support at $0.0179โ€“0.0180 zone.

RSI has flipped upward from 40s to ~54, hinting at recovering bullish momentum.

$PEOPLE Price is now hovering around the 20 EMA, with short-term pressure building for a potential push to reclaim the $0.0185 zone.

All EMAs (20/50/100/200) are compressing โ€” indicating a potential volatility expansion soon.

๐Ÿ”น 4H Chart Signals:๐Ÿ“Š

After the recent sell-off from $0.020+, price is stabilizing near the 50 EMA ($0.01802).

RSI remains above 59, suggesting bullish strength is still intact on higher timeframe.

200 EMA (red) resistance at $0.01891 โ€” this is the key breakout level to flip mid-term bullish again.

๐Ÿ“Š Strategy:

Bullish Bias (Short-term Swing):

โœ… Entry: $0.01810โ€“0.01820

๐ŸŽฏ Targets:

โ†’ TP1: $0.01865

โ†’ TP2: $0.01895

โ†’ TP3 (breakout): $0.02010

โŒ SL: $0.01765 (below 100 EMA on 1H)

๐Ÿ“… Duration: 6โ€“24 hours

๐Ÿ” Alternative Play: If rejected from $0.0185โ€“0.01865 zone again, short-term retrace back to $0.0177 possible. Watch RSI divergence & volume confirmation.

๐Ÿ’ก Low timeframe EMAs are tightening โ€” volatility compression often leads to explosive breakout. Watch for volume surge near $0.01865โ€“0.01890 for confirmation.

๐Ÿง˜โ€โ™‚๏ธ โ€œPatience in sideways consolidation often pays more than speed in fake breakouts.โ€

๐Ÿ“‰ Not financial advice. Always DYOR and manage risk properly.

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