$PEOPLE short trade signal 🚦🔴
Showing Bearish Pressure — Key Resistance Holding, Downside Move Likely!
$PEOPLE /USDT is struggling near 0.02064 after failing to break above resistance at 0.02120, indicating sellers are taking control. The 15m chart shows a buildup for a potential short-term downside move, supported by moderate volume of 130.91M PEOPLE.
💹 Trade Setup (Short):
Entry Point: 0.02064
Target 1 (TP1): 0.02040
Target 2 (TP2): 0.02025
Target 3 (TP3): 0.02000
Stop Loss: 0.02097
📊 Market Outlook:
The pair is showing signs of a bearish pullback after failing to breach immediate resistance. Traders should monitor price action near support levels; a breakdown could trigger further selling pressure.
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