PEOPLE latest market analysis:

Current market performance:

People coin (PEOPLE) has a strong daily closing price in recent days, showing a clear upward trend. The current price is above $0.09301 and is near an important support area.

Support and resistance levels:

Support level: $0.09301

Resistance level: $0.11864

Key resistance level: $0.14126

People coin has received strong support in the $0.07376 area, and the price has rebounded strongly from here. If the price falls below the $0.09301 area, it will be an extremely unfavorable signal, which may lead to further price declines.

Short-term trend analysis: The H4 indicator shows a positive value and is higher than the previous area, which indicates that the short-term upward trend of People coin is more obvious. If the price can break through the $0.11864 area, it will greatly increase the possibility of its rise to $0.14126.

Trend outlook

Short-term upside potential:

If People coin can successfully break through the $0.14126 resistance level, it will be expected to challenge a new high. Such a breakout would mean a strong up move, but it could also be followed by a quick correction.

Risk Factors: Investors need to be wary of the risk of prices falling below the $0.09301 support level, which would be an extremely negative signal and could lead to further price declines.

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