$PEOPLE update ♦️
short term bearish by chart. moving in rising wedge which is bearish pattern in the end.
this coin is not following TA, so it's really hard to predict. but just by overall info which we have I would say it should drop soon. 4h and daily showing big bearish divergence +it did x15 from ATH.
but now still looks very strong compare to $BTC and other Alts weaknesses.
but it doesn't mean it will always strong and will not drop. situation can be totally opposite for example. when other coins will grow - #people will only start to move down always. as it will be no more interesting for someone who was pumped it.
and it can go down with btc soon too. really hard to predict. I would just stay away from it until it will be more easy to predict .
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