$PEOPLE /USDT BULLISH BREAKOUT IMMINENT 🚀
Key Levels:
- Current Price: $0.04630
- Resistance Levels: $0.04700, $0.04828 (24h High)
- Support Levels: $0.04500, $0.04176 (24h Low)
Trade Setup:
- Long Entry: $0.04650
- Take Profit (TP):
- TP1: $0.04750
- TP2: $0.04850
- Stop Loss (SL): $0.04550
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 2% of trading capital
Summary:
We are looking for a long trade on $PEOPLE/USDT due to the bullish momentum observed in the recent price action. The price has shown a strong upward movement and is currently consolidating near the resistance level. A breakout above $0.04650 could lead to a significant upward move towards our target levels. Proper risk management is essential to protect against potential downside. 📈💸
Happy trading and may the market be in your favor! 📈💸