$PEOPLE $PEOPLE

PEOPLE/USDT: A Bearish Pullback

The PEOPLE/USDT pair is currently experiencing a bearish pullback after a recent surge. The price has dipped to $0.06173, down 5.34% in the last 24 hours.

Key Levels to Watch:

* Resistance: The $0.06926 level is the immediate resistance. Breaking above this could signal a potential reversal of the current downtrend.

* Support: The $0.06019 level is acting as strong support. A dip below this could indicate further downside potential.

Entry Strategy:

Conservative Approach: Wait for a dip to the $0.06019 support level before considering a long position. Set a stop-loss below the $0.05970 level to manage risk.

Aggressive Approach: Consider shorting the pair at the current price with a stop-loss above the $0.06926 resistance level.

Remember: This is just a technical analysis. Always do your own research or consult with a financial advisor before making investment decisions.

Let's see if PEOPLE can regain its bullish momentum or if the bears will take control. Stay tuned for further updates!

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