📊 WhiteRock Crypto Alerts: PEOPLE/USDT Technical Analysis 📊

🔥 Long & Short Trading Signals 🔥

Attention, traders! Let's dive into the current market dynamics of PEOPLE/USDT and speculate on the potential movements in the next few hours.

📈 Current Price: 0.07851 USDT

📉 24h Change: +18.72%

🔍 Technical Indicators:

RSI(6): 86.70 (Overbought territory)

24h High: 0.07999 USDT

24h Low: 0.06279 USDT

Moving Averages:

MA(5): 7,037.415

MA(10): 4,604,694,278.0

🕒 Speculative Analysis:

Bullish Scenario (LONG Signal) 🚀: With the RSI in the overbought territory, we might expect a minor pullback. However, if the price maintains above the 24h high of 0.07999 USDT, it could signal strong bullish momentum. A breakout above this level could push the price towards the next resistance at 0.08357 USDT. Keep an eye on the volume; an increase in buying volume could confirm this bullish trend.

Long Signal Entry: 0.08000 USDT
Target: 0.08357 USDT
Stop-Loss: 0.07700 USDT

Bearish Scenario (SHORT Signal) 📉: The overbought RSI suggests a potential correction. If the price fails to sustain above the 24h high and drops below the 24h low of 0.06279 USDT, we might see a deeper pullback. Watch for a decline in buying volume and a potential increase in selling pressure.

Short Signal Entry: 0.07800 USDT
Target: 0.06500 USDT
Stop-Loss: 0.08100 USDT

📅 Next Key Date:

Keep an eye on February 12, 2024, as it might bring significant market movements or updates.

🔔 Trade Smart!

Always remember to set your stop-loss orders and manage your risk effectively. Stay tuned to WhiteRock Crypto Alerts for the latest updates and precise signals.

Happy trading, and may the markets be ever in your favor! 🚀📉

$PEOPLE #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins