$PEOPLE is in a downtrend and may soon hit $0.0537.

Currently, PEOPLE/USDT is priced at $0.05709, a 3.30% decrease in the last 24 hours. The 24-hour high is $0.06157 with a trading volume of 433.99 million PEOPLE tokens, and the low is $0.05692 with a volume of 25.69 million USDT.

Short-term indicators from the 15-minute and 1-hour charts suggest a bearish trend, indicating potential entry points for short trades near the current price or slightly higher. For long positions, it is advisable to wait for confirmation above the 24-hour high of $0.06157 on higher timeframes like the 4-hour and daily charts.

Closely monitor price movements for trend validation and implement appropriate risk management strategies to maximize profitability in trading PEOPLE/USDT.

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