$PEOPLE /USDT BEARISH MOVE IN MOTION
$PEOPLE is trading at $0.02504, showing a sharp decline of -14.68% — momentum is clearly with the bears after rejection from the $0.03000 area.
Key Levels:
Resistance: $0.02968 – $0.03200
Support: $0.02476 – $0.02250
Break below $0.02550 triggered a sell-off, and the price is hovering just above key support at $0.02476.
Short Trade Setup:
Entry: $0.02500 – $0.02530
Targets:
1st TP: $0.02400
2nd TP: $0.02280
3rd TP: $0.02150
Stop Loss: $0.02700
Risk Management:
Risk only 2% per trade. Move SL to breakeven after TP1 hits. Protect profits and let the trend ride.
Meme momentum is fading — bears are tightening grip.
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