$PEOPLE
/USDT BEARISH CORRECTION SETUP
$PEOPLE/USDT is showing early signs of bearish pressure after failing to sustain above resistance near 0.02340. Price is forming lower highs on the 1H chart, and decreasing volume suggests weakening buying momentum. A breakdown below key support could accelerate the downside move.
Trade Setup:
Short Entry: 0.02250 – 0.02260
Take Profit (TP): 0.02200, 0.02150
Stop Loss (SL): 0.02340
Analysis: A confirmed break below support could trigger further downward momentum. Watch volume for confirmation of selling strength.
Risk Management: Limit position size to 2-3% of total capital. Use SL strictly to minimize losses.
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