📉 PEOPLE COIN Analysis 📉

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Coin: #PEOPLE/USDT

Signal: Short

Why am I leaning towards a downside movement for PEOPLE coin?

1. A concerning double top pattern has emerged in the 15-minute timeframe, signaling a bearish trend.

2. The RSI has broken below its support line in the 15-minute

timeframe, indicating significant bearish pressure.

3. Bearish divergence is evident in the RSI within the 15-minute timeframe, adding weight to the downside potential.

These indicators collectively paint a bearish picture for PEOPLE coin.

Entry Price: $0.051

Take Profits:

1st TP: $0.042

2nd TP: $0.038

3rd TP: $0.034

4th TP: $0.031

Leverage: 5x

Stop Loss: $0.054

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