$PEOPLE /USDT BULLISH SETUP WITH UPSIDE POTENTIAL
$PEOPLE/USDT is showing signs of bullish momentum as price holds near the 7-day and 25-day moving averages, supported by the 99-day MA below. The MACD is approaching a bullish crossover, signaling increasing buying pressure.
LONG entry is advised near current support around the 7-day MA.
Targets:
TP1 at recent 24-hour high resistance
TP2 above recent highs to capture further upside
Stop Loss should be placed just below the 99-day MA to minimize risk.
Risk management: Risk 2-3% per trade, apply a tight stop loss, and scale out partial profits at TP1 while trailing stops to secure gains.
This setup favors bullish continuation with vigilance for any breakdown below stop loss invalidating the trade.
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