Trading signal
$PEOPLE /USDT – Long Signal (Binance)
🟢 Entry: 0.0337
🎯 Take Profit: 0.0350
❌ Stop Loss: 0.0325
Technical Overview:
The price is consolidating just above a short-term support zone.
Volume has stabilized, indicating a possible base forming.
Short-term moving averages (like MA7) are starting to flatten, suggesting a potential shift in momentum.
RSI and MACD (based on usual behavior) likely show weakening bearish pressure.
Reasoning:
PEOPLE /USDT has shown resilience at the 0.0330–0.0335 level. The formation of tighter candles and lower volume near support typically precedes a breakout. If the pair breaks above 0.0342 with volume, it could test 0.0350 soon. Risk is managed with a stop just below support.
#BinanceAlphaAlert #BinanceHODLerHYPER #TRXETF #BNBChainMeme #BinanceAlphaAlert