PEOPLE prices are gradually stabilizing, and bullish opportunities may be brewing for an explosion!

Point Analysis

• Support Level: 0.04569 (24-hour low), 0.03723 (recent low)

• Resistance Level: 0.05176 (short-term resistance), 0.06859 (mid-term pressure)

Bullish and Bearish Direction Prediction

PEOPLE's current price is breaking above the MA7 and MA25 moving averages. The MACD indicator shows a shortening of green bars and a golden cross signal has appeared, indicating that bullish strength is gradually increasing. At the same time, trading volume is moderately increasing, showing that market buying activity is becoming active. It is expected that the price will continue to challenge the resistance level of 0.05176.

Suggested Direction: It is recommended to be bullish. Build long positions in batches around 0.04850, with a target price of 0.05176. If it breaks through, it can be aimed at 0.06859, with a stop loss set below 0.04500. Be cautious with taking profits in batches to control risk.