$PEOPLE /USDT BEARISH BREAKDOWN IN PROGRESS
$PEOPLE is trading at $0.02520, with a steep -13.58% drop, breaking down from the key $0.02800 support, now acting as resistance.
Key Levels:
Resistance: $0.02800 – $0.03000
Support: $0.02476 – $0.02250
The price is clinging just above the 24h low. Weak bounce attempts suggest further downside is likely.
Short Trade Setup:
Entry: $0.02510 – $0.02530
Targets:
1st TP: $0.02420
2nd TP: $0.02280
3rd TP: $0.02100
Stop Loss: $0.02700
Risk Management:
Limit risk to 2% per trade. Shift SL to breakeven after TP1. Lock profits progressively.
Sellers are in charge — expect continuation if $0.02476 cracks.
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