$PEOPLE /USDT Trading Signal - Potential Bullish Breakout
Bullish Scenario:
Entry Zone: $0.0450 - $0.0452
Target 1: $0.0460
Target 2: $0.0475
Stop Loss: $0.0445
Market Observation:
PEOPLE/USDT is rebounding strongly after testing support near $0.0445. A breakout above $0.0452 with sustained buying pressure could lead to further bullish movement, targeting $0.0460 and $0.0475. Watch for increased volume to confirm the trend.
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Bearish Scenario: (In case of rejection at resistance)
Entry Zone: $0.0452 - $0.0455 (Short Position)
Target 1: $0.0440
Target 2: $0.0430
Stop Loss: $0.0460
Market Observation:
If the price fails to sustain above $0.0452, a reversal could occur, with downside targets of $0.0440 and $0.0430. A tight stop-loss is recommended to manage risk effectively.