$PEOPLE /USDT: bullish surge gaining strength.... $PEOPLE is currently trading at $0.03362, reflecting a significant increase of 16.82% over the past 24 hours. The momentum has pushed the price close to the daily high of $0.03443.
Key levels to watch:
Resistance: $0.03450 — a breakout above this level could target $0.03600 and $0.03800.
Support: $0.03200 — this area must hold to maintain the bullish structure.
Indicators:
RSI: at 75.3, indicating overbought conditions. A slight correction may follow.
MACD: positive crossover confirming strong bullish momentum.
Trading setup:
Long entry: above $0.03450, targeting $0.03600 and $0.03800.
Short entry: below $0.03200, targeting $0.03100 and $0.02950.
💡 Professional tip: when RSI approaches overbought territory, consider using stop-losses or partial profit-taking. Watch for spikes in volume at resistance levels for potential breakouts or rejections. Manage risks wisely!