$PEOPLE – Consolidation Breakout Watch
Timeframe: 1D
Current Price: 0.02313 USDT
Setup Overview
PEOPLE has been consolidating in a tight range after a major impulse move from the 0.00973 low to the 0.03934 high. Price is now stabilizing just below a key resistance zone with low volatility — often a precursor to expansion.
Key Levels
• Breakout Level: 0.02350
• Support: 0.02000
• Resistance: 0.02770 – 0.03430
Trade Targets
• TP1: 0.02770
• TP2: 0.03050
• TP3: 0.03430
Stop Loss: Below 0.02000
Bias: Bullish bias as long as price holds above 0.02000. A daily close above 0.02350 could trigger strong upside momentum. Keep an eye on volume for confirmation.