Here’s a concise technical overview and analysis of $PEOPLE
/USDT Perpetual (Perp)
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🧾 PEOPLE/USDT Market Summary
Metric Value
Last Price $0.01823 (▲ +2.36%)
24h High / Low $0.01928 / $0.01777
24h Volume (PEOPLE) 1.68B
24h Volume (USDT) $31.15M
Mark Price $0.01823
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📊 Technical Indicators
Zone Price Range
Resistance Zone $0.01876 – $0.01928
Support Zone $0.01740 – $0.01620
Major Support $0.01604 (last visible level)
Volume (Current) 144M
MA(5) Volume 224.6M
MA(10) Volume 237.6M
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📉 Market Analysis
Currently in a mild uptrend, recovering from a recent low of $0.01777.
However, volume is declining (Current Vol < MA(5) < MA(10)) → signals waning momentum.
Resistance seen at $0.01928, which needs to break with volume for bullish continuation.
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🧭 Scenarios to Watch
🔼 Bullish Scenario
If price holds above $0.01823, it may retest $0.01876 and $0.01928.
Break above $0.01944 could confirm a trend reversal toward $0.020+.
🔽 Bearish Risk
Failure to stay above $0.01777 could drag price to $0.01740 or $0.01672.
Watch for breakdown below $0.01620 → opens door to deeper selloffs.
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🎯 Trade Strategy Ideas
🟩 Speculative Long
Entry: $0.01780–$0.01810
Stop-Loss: Below $0.01740
Take Profit: $0.01876 / $0.01928
🟥 Breakdown Short
Entry: If price loses $0.01740
Stop-Loss: $0.01790
Take Profit: $0.01672 / $0.01604
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⚠️ Quick Tips
PeopleDAO (PEOPLE) is often affected by social media hype and speculative waves.
Use tight stop-losses due to high volatility.
Monitor order book depth and volume surge at $0.019+ for breakout confirmation.
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