The price of $PEOPLE /USDT has dropped significantly, currently standing at $0.05264, a decrease of 33.25%. Over the past 24 hours, the high was $0.07902 and the low was $0.04838, with a notable trading volume of 3.34 billion $PEOPLE and $198.95 million USDT.

Given this volatility, traders might consider the following strategies:

1. Long Positions: Enter around the 24-hour low of $0.04838, anticipating a rebound towards the recent high of $0.07902.

2. Short Positions: Enter around the current price of $0.05264, targeting a move towards the recent low of $0.04838.

Given the current market conditions, these entry points can offer potential profit opportunities.

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