$PEOPLE – IMPULSE MOVE FOLLOWED BY CONSOLIDATION, BREAKOUT SETUP
#PEOPLE is showing a strong impulse move followed by a healthy consolidation phase, with price now attempting to break resistance again.
TRADE SETUP – LONG IDEA
Entry Zone: $0.0069 – $0.0070
Stop Loss: $0.0066
Take Profit 1: $0.0073
Take Profit 2: $0.0077
Take Profit 3: $0.0082
MARKET STRUCTURE
Price has formed a base after a sharp drop and is now pushing upward with renewed momentum, suggesting potential continuation if resistance is cleared.
KEY INSIGHT
A break above $0.0071 could confirm bullish continuation and trigger the next leg higher if momentum sustains.
OUTLOOK
As long as support holds, the structure remains constructive with upside potential toward higher resistance levels.