$PEOPLE

📈 Reversal in Motion | RSI + MA Confirm Bullish Momentum

🔍 Chart Overview: 1H Timeframe Breakout Watch

$PEOPLE is trading within a well-respected descending channel on the 1-hour timeframe, and signs are emerging of a potential breakout to the upside.

Recent rebound from lower boundary at $0.01200 (key support)

Price is pressuring the upper channel resistance for a breakout

Retest scenario is developing — a bullish confirmation if held

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📊 Technical Indicators Pointing Up

RSI has been in a downtrend, but is now showing signs of reversal and retest, which supports upward movement

Price is approaching and aiming to stabilize above the 100 MA — a critical signal for sustained bullish structure

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🚀 Trade Setup

Entry Level: $0.01216

Targets:

🎯 First: $0.01232

🎯 Second: $0.01257

🎯 Third: $0.01294

Each target aligns with previous structural resistances and liquidity pockets.

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🛡️ Strategy Tips

✅ Watch for a clean break + retest of the descending channel top

✅ Confirm volume surge before entering

✅ Monitor RSI breakout and MA hold for extra confidence

✅ Set tight stop-loss under $0.01200 in case of channel rejection

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Final Word: Structure is Key — Follow the Flow

With clear boundaries and bullish confirmation signals building, $PEOPLE may be preparing for a strong reversal. The breakout play is valid as long as structure is respected and support holds.

> No breakout = no entry. Let the chart lead the way.

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