🚨 $PEOPLE /USDT ALERT: On the Verge of a Breakout! 🚨
PEOPLE has seen an impressive upward surge, showing over 40% gains in the past 24 hours and trading around the current price of 0.08674. The chart on the 15-minute timeframe reflects strong bullish momentum, with the price reaching a high of 0.08700 and pushing against upper resistance levels.
📊 Entry Price: 0.08650 (Wait for potential retracement or continuation signal)
Key Levels to Watch:
Resistance: 0.08800 – A breakout above this could fuel further upside momentum, attracting more buyers.
Support: 0.08014 – Holding above this level is crucial to sustain the bullish trend.
🎯 Take-Profit Targets:
1. 0.08900 – Initial target as bullish momentum could face some resistance here.
2. 0.09200 – Medium-term target if the breakout sustains.
3. 0.09500 – Extended target in case of a strong rally, reaching fresh highs.
🔻 Stop Loss: 0.07950 – Set below the key support to limit downside risk in case of a trend reversal.
⚠️ Caution: Traders should watch for consolidation or potential rejection around resistance. Volume needs to sustain the breakout; otherwise, we could see a pullback toward support levels.