Massive Liquidation Alert.

$PEOPLE (ConstitutionDAO) has just seen a long liquidation worth a whopping $1,204.9 at the critical level of $0.04428.

Key Highlights:

🔸 What happened.

A significant long liquidation has hit the market as the price dipped to $0.04412, a major support/resistance zone.

🔸 What does it mean.

Long liquidations occur when traders betting on price increases are forced to close their positions as the market moves against them. This often triggers sharp price movements and higher volatility.

🔸 Why should you care.

The liquidation at this level indicates bearish pressure and could signal further downward momentum unless the market regains strength.

What’s Next for $PEOPLE

Immediate Levels to Watch:

Support: $0.04350

Resistance: $0.04520

Pro Tip for Traders:

Monitor market sentiment and volume closely. If the price reclaims $0.045, it might signal a reversal, but a break below $0.043 could open the door for further declines.

Stay sharp and trade wisely.

The market is unforgiving for the unprepared.

Want a personalized strategy or deeper insights into the $PEOPLE chart? Let me know, and we’ll craft a winning plan together.

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