$PEOPLE Spot Currency Sharing! The first coin is people. The three-day moving average shows that it has broken below the golden support level, with the possibility of further decline. The people coin is a relatively hot meme coin (it is expected that there might be a surge before Trump takes office). From the perspective of the heat clearing leverage on the monthly line, all long leverage below has been cleared out, and there is no so-called support point. According to technical analysis, it can be determined that the overall lower point of this round of market is at the 0.0469 position. Based on the downward trend line, the recent effective support level can be placed for spot buying at the position of 0.417! The previous pullback strength was above 0.04, and considering the previous pullback strength, 0.417 is currently considered a relatively reliable low order price, where one can prepare to buy and hold the coin.