$PEOPLE USDT – RALLY STALLS AT RESISTANCE! BEARISH PULLBACK AHEAD?
REJECTED AT $0.02588
BEARISH ENGULFING ON HIGH VOLUME
$PEOPLE USDT surged to $0.02588 but quickly faced rejection, forming a bearish engulfing candle on rising volume — a classic exhaustion signal. This hints at a potential short-term correction after an overextended pump.
Trade Setup (SHORT):
Entry: $0.02460
Target: $0.02290
Stop Loss: $0.02520
Sellers are stepping in aggressively at the top. If momentum fades below $0.02450, downside pressure could intensify toward recent support.
#PEOPLEUSDT #BinanceFutures #BearishReversal #ShortSetup #CryptoSignals