Here's a concise technical analysis of $PEOPLE /USDT based on your snapshot:
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Price & Change
Current Price: $0.02506
24h Change: -8.61% → Bearish pressure
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24h Stats
High: $0.02848
Low: $0.02445
Volume:
PEOPLE: 1.52B
USDT: $39.71M
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Technical Indicators
MA60: $0.02506 → Price is exactly at MA60, signaling potential inflection point
MA(5): 227,451.0
MA(10): 227,549.2
→ Minor divergence, possibly stabilizing short-term
Volume: 21,672.5 on recent tick — relatively light given total daily volume
Price Levels (Depth):
Resistance: $0.02544
Current: $0.02506
Support: $0.02445–$0.02462
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Summary Outlook
Momentum: Bearish short-term; strong selloff from $0.02848
Support zone: $0.0244–$0.0246 is holding, but fragile
Resistance zone: $0.0254–$0.0256 could cap upside unless there's a reversal signal
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What to Watch For:
If $0.0244 breaks, price may test the $0.0235–0.0228 zone
If it rebounds above $0.0255 with volume, short-term reversal toward $0.0265–0.027 is possible
Would you like a trading setup or risk management suggestion for this?
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