$PEOPLE PEOPLE 4-hour price latest trend analysis and real-time updates. Remember to follow and collect
1. K-line pattern:
- The recent price has fluctuated between 0.12183 and 0.144, with a large amplitude.
- Multiple long upper and lower shadow lines appear, indicating that there is obvious selling pressure and support in the market.
2. Technical indicators:
- MACD: DIF and DEA are close to the zero axis. The MACD histogram shows a weak shock state, and there may be a direction choice in the short term.
- RSI: The RSI value is hovering around 50 and has not entered the overbought or oversold range, indicating that the current market is in a neutral zone.
- EMA: EMA7 (0.12784) is slightly higher than the latest price, EMA30 (0.12372) and EMA120 (0.09928) are both lower than the latest price. The short-term trend is biased toward the bulls, but attention should be paid to the pressure level of EMA7.
3. Trading volume:
- Trading volume has increased in recent days, especially on June 10 and 9, indicating increased market activity.
- The trading volume increased significantly during the surge and then gradually fell back, which is in line with the typical callback characteristics.
4.【Buy and sell points】
- Buying point one: 0.12350 USDT (reason: near the previous low, EMA30 support level)
- Buying point two: 0.12100 USDT (reason: support at the integer mark, near the low of the previous band)
- Long stop loss point: 0.11900 USDT (reason: 2 integer points below buying point 2 to avoid false breakthroughs)
- Selling point 1: 0.13000 USDT (reason: near the recent high, integer mark pressure)
- Selling point two: 0.13500 USDT (reason: higher previous high, strong selling pressure)
- Short stop loss point: 0.13700 USDT (reason: 2 integer points above selling point two to prevent false breakthroughs)
PEOPLE’s 4-Hour Price Trend: Sideways
The above analysis is for reference only, the contract must have a stop loss
