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๐ Coin: #PEOPLE/USDT $PEOPLE
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On the daily chart, the PEOPLE/USDT pair has formed an ascending triangle, typically a bullish continuation pattern. This formation, with higher lows and a flat resistance level, indicates growing buying pressure that could lead to a breakout above the resistance.
Moreover, the Relative Strength Index (RSI) for PEOPLE/USDT is signaling bullish momentum. As a key momentum oscillator, the RSI measures the speed and change of price movements, and it's currently pointing to increasing bullish strength. A rising RSI further supports the likelihood of a bullish breakout.
Recently, PEOPLE/USDT has broken above its support line within the ascending triangle, reinforcing the bullish sentiment. The combination of these technical indicatorsโthe ascending triangle pattern and a bullish RSIโstrongly suggests that PEOPLE/USDT is primed for a continued upward move.
ENTRY: 0.11000 or Market Price
Signal Type: LONG
Take Profit Targets:
1. 0.12487
2. 0.13343
3. 0.14064
4. 0.15146
Stop Loss: 0.09690
Leverage: 10x
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