$PEOPLE USDT – POTENTIAL REVERSAL ZONE!
PULLBACK INTO DEMAND AREA
BULLS DEFENDING $0.02370 SUPPORT
$PEOPLE has retraced from the recent high of $0.02588 and is now stabilizing near $0.02370—an area where previous consolidation took place. The current candle shows a rejection wick, signaling potential buying interest returning.
Volume remains steady, and if buyers push above $0.02425, it could trigger a recovery toward local highs and reinitiate bullish momentum.
Trade Setup:
• Entry: $0.02385 – $0.02395
• Targets: $0.02455 / $0.02550
• Stop Loss: $0.02340
• Leverage: 10x
• Risk Per Trade: 2–3% of wallet
Market Outlook: A successful defense of the $0.02370 zone could lead to a bullish bounce. Breakout above $0.02455 confirms trend continuation.
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