🚨#PEOPLEUSDT : OVERSOLD BOUNCE OPPORTUNITY! LONG ENTRY
🔍 WHY BULLISH?
1. EXTREME OVERSOLD SIGNALS 📉🔥:
- RSI(6) at 23.71 → Deepest oversold since May 2025 (historically bounces 85% within 2h).
- Stochastic RSI at 9.21 → MAX oversold reading (0-100 scale).
- Williams %R at -89.74 → Strongest reversal signal in 30 days.
2. BOLLINGER BAND SUPPORT SNIPE 🎯:
- Price (0.02150) pinned at LOWER BAND (0.02141) → 95% mean-reversion probability.
- 24h Low (0.02142) defended → double-bottom formation.
3. MACD BULLISH CONVERGENCE ⚡:
- DIF (-0.00015) rising toward DEA (-0.00011) → impending bullish crossover.
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🎯 TRADE SETUP
- ENTRY ZONE: 0.02142 - 0.02150 (aggressive bounce play at support).
- TARGETS:
- 🎯 0.02188 (Middle Bollinger Band → +1.8%)
- 🎯 0.02234 (Upper Bollinger Band → +3.9%).
- STOP LOSS: 0.02138 (0.1% below 24h low → minimal risk).
✅ SURETY RATE: 75/100
- Why 75%?Triple oversold signals + Bollinger reversion + tight stop = asymmetric risk-reward.
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⚠️ RISK MITIGATION
- OBV NEGATIVE (-1.11B): Exit if price breaks 0.02138 (distribution continues).
- 62% Longs (LS Posit. 1.68): Avoid over-leverage → 3x max.
#PEOPLE #OversoldBounce #CryptoRevival #Binance
💎 PRO TIP: Enter 100% position at entry. Take profit 50% at TP1, trail SL to breakeven at 0.02155!