$PEOPLE /USDT POTENTIAL BULLISH REVERSAL
BOUNCE FROM STRONG SUPPORT
VOLUME INCREASE ON RECOVERY CANDLES
OVERSOLD ZONE WITH BUYING REACTION
PEOPLE touched a low of $0.01688 and immediately saw a recovery, suggesting buyer interest at this level. The asset is forming a short-term bottom and stabilizing around $0.01742, indicating a potential bullish reversal setup.
š¢ LONG TRADE SETUP
Entry Zone: $0.01720 ā $0.01760
Take Profit (TP): $0.01830 / $0.01890
Stop Loss (SL): $0.01670
Market Outlook:
If PEOPLE holds above $0.017, the structure hints at a rebound towards the $0.018+ range. Watch for increasing volume and a bullish engulfing candle confirmation.
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