$PEOPLE 24-hour trend [down]

[Buy and sell points]

Buy point 1: 0.050 USDT (close to the previous low, there is support at the integer level)

Buy point 2: 0.045 USDT (further down to a stronger support level, and near the recent lowest point)

Long stop loss point: 0.043 USDT (below buy point 2, to prevent breaking through important support levels)

Sell point 1: 0.060 USDT (close to the previous high, there may be selling pressure)

Sell point 2: 0.065 USDT (after breaking through the previous high, the upward space opens, and there is pressure at the integer level)

Short stop loss point: 0.067 USDT (above sell point 2, to prevent breaking through key resistance levels)

[Price trend analysis]

K-line pattern:

There was a sharp drop on July 4, 2024, and the closing price was significantly lower than the opening price, forming a long negative line. The K-line for two consecutive days on July 6 and July 7, 2024 shows that the price fell after fluctuating at a high level.

Technical indicators:

MACD: Both DIF and DEA are negative and the MACD histogram continues to be negative, indicating that the market is in a bearish trend. RSI: The RSI14 value is 33.67511, close to the oversold area, but not in, and there may be a rebound demand in the short term. EMA: The current price of 0.05275 is lower than EMA7 (0.06456), EMA30 (0.08174) and EMA120 (0.06385), indicating that the overall trend is bearish.

Trading volume:

The trading volume reached 15995629074 on July 5, 2024, which is the highest in recent times, and the trading volume decreased in the following days. The trading volume on July 7, 2024 was 5683240622, which was significantly lower than the previous few days, and the market activity decreased. #币安合约锦标赛