$PEOPLE /USDT

📊 PEOPLE/USDT Market Overview

Current Price: $0.02054

24h Change: -6.25%

24h High / Low: 0.02297 / 0.02046

24h Volume:

382.35M PEOPLE

8.38M USDT

Key Resistance Levels: 0.02300 → 0.02287 → 0.02246 → 0.02193

Key Support Levels: 0.02140 → 0.02087 → 0.02054 → 0.02046

🔎 Technical Outlook

Trend: Bearish (down ~6%, near daily low).

Price Action:

Price has dropped from 0.02297 to near support (0.02046).

If 0.02046 breaks, potential continuation to new lows.

If support holds, short-term rebound possible.

Volume: High trading activity (382M), indicating significant participation but currently with selling pressure.

🧠 Potential Trade Setups

Bullish (Rebound from Support)

Entry: $0.02050 – $0.02060 (close to support)

Targets:

TP1: $0.02090

TP2: $0.02140

TP3: $0.02190

Stop-loss: Below $0.02030 (to avoid false bounces)

Bearish (Breakdown Play)

Entry: Below $0.02040 after confirmed candle close

Targets:

TP1: $0.02000

TP2: $0.01950

Stop-loss: $0.02090

Adjust position size to maintain safe leverage and ≥1:3 risk-reward ratio.

Watch depth levels—large buy walls near 0.02040 could signal accumulation.

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