$PEOPLE

Moving Averages200-period SMA (4-hour Chart): The price is currently above the 200 SMA, which is positioned around 0.07409. This move above the 200 SMA suggests a bullish sentiment, and as long as the price stays above this level, it could indicate a continued upward trend.

Relative Strength Index (RSI)Current

RSI (4-hour Chart): Approximately 71.88, indicating an overbought condition. This high RSI value suggests that the asset may be due for a short-term pullback or consolidation if buyers become exhausted.

Moving Average Convergence Divergence (MACD)

MACD Line: 0.00148Signal Line: 0.00144Histogram: Positive, indicating bullish momentum. The MACD line is above the signal line, reinforcing the current bullish sentiment, although a high RSI might warn of an upcoming correction.

Support and Resistance Levels

Immediate Resistance: Around 0.087, which coincides with a recent high. A breakout above this level could open up more upside potential.Local Support: Approximately 0.07409 (200 SMA level). A drop below this level may indicate a bearish sentiment shift.

Bullish/Bearish Scenarios

Bullish Scenario:

Break Above 0.087 Resistance: If the price breaks above this level with strong volume, it may signal further bullish continuation.

Bearish Scenario:

Drop Below 0.07409 Support: A fall below this level, especially if accompanied by high selling volume, may suggest bearish momentum and potential downside.