$PEOPLE /USDT – BEARS STILL IN CONTROL
The pair has been in a strong downtrend, losing over 14% in 24h and hitting new lows around 0.0178. Any recovery attempts are being rejected quickly, showing clear selling pressure. If support breaks further, more downside is likely.
Trade Setup (Short Entry):
Entry Zone: 0.01830 – 0.01850
Target 1: 0.01780
Target 2: 0.01720
Stop Loss: 0.01910
Market Outlook:
Momentum remains bearish with sellers dominating. Unless the price reclaims 0.0195 convincingly, the trend favors shorts. Caution for sudden wicks due to high volatility.