$PEOPLE is trading around 0.00951 USDT, showing elevated volatility with a ~-10.6% move over the last 24 hours. After a sharp pullback from the 0.0107 area, price has found support near 0.00940–0.00945 and is now attempting to stabilize. The structure suggests a short-term consolidation after the drop, while higher lows on the lower timeframes hint that sellers may be losing momentum. If buyers reclaim nearby resistance with volume, a relief move becomes likely.
On the 1H view, candles are compressing after the sell-off, often a prelude to an expansion move. The key is confirmation above resistance.
Trade Setup
• Entry Zone: 0.00945 – 0.00955
• Target 1: 0.00985
• Target 2: 0.01020
• Target 3: 0.01075
• Stop Loss: 0.00925
A clean break and hold above 0.00980–0.01000 with strong volume could shift momentum back in favor of buyers and open the door for a broader recovery. Failure to hold the support zone would invalidate the setup and signal further consolidation or downside.
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PEOPLE
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