๐จ $PEOPLE OPLE /USDT โ Massive Dump After Vertical Spike! ๐ฅ
๐ Price: $0.01471 (โ8.12%)
๐ Key Levels:
Resistance: $0.01741 (24H High)
Support: $0.01380
24H Range: $0.01146 โ $0.01741
๐ Market Insight:
After a parabolic rally, faced a brutal rejection at the peak, triggering a heavy sell-off. The sharp red candle confirms a liquidity grab followed by panic selling.
โ ๏ธ Caution for Longs:
Do not chase. Wait for structure to form around the $0.0138โ$0.0142 range before considering re-entry.
๐ป Short Setup (If confirmed):
Entry Zone: $0.0152 โ $0.0156 (after weak bounce)
Targets:
TP1: $0.0140
TP2: $0.0130
TP3: $0.0120
Stop Loss: Above $0.0165
๐ก Pro Tip:
High volume dumps after vertical spikes usually retrace deeply. Patience pays โ wait for bearish retest confirmation!
PEOPLEUSDT
0.01296
+9.92%
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