#PEOPLE $PEOPLE Professional analysis of the market on the day

1. Market trend judgment

At present, from the technical analysis of the 1-hour, 2-hour to 4-hour levels, PEOPLE coins all show obvious short-side trends. It is particularly worth noting that today we will pay close attention to the 4-hour level of long-short watershed, that is, the price is around 0.08841.

2. Price support and resistance

Lower support level: If the market continues to decline, the price support level we need to pay attention to first is 0.08313. If this support level is lost, the further support level below will be at 0.07772 and 0.07604. These prices are potential buying points that investors need to focus on during the market decline.

Upper resistance level: Although the market is currently in a short-side trend, we also need to be wary of potential rebounds. During the rebound, the price resistance level we need to pay attention to first is 0.08905. If this resistance level is successfully broken, the subsequent resistance levels that may be encountered will be 0.09021 and 0.09141 respectively. These prices are potential selling points that investors need to focus on when capturing rebounds.

3. Trading strategy recommendations

In view of the current short-side trend of PEOPLE coins, investors are advised to be cautious when trading. By watching the market for short-term operations, the changes in long and short forces can be captured in real time to make accurate trading decisions near key prices. At the same time, it is important to pay attention to risk control and set stop loss and take profit points reasonably to ensure the robustness of the transaction. In addition, it is necessary to pay close attention to the potential impact of market dynamics and news events on the PEOPLE coin market so as to adjust trading strategies in a timely manner.

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