$PEOPLE /USDT: Eyeing a Tight Breakout Opportunity!
At the current price of $0.04597, $PEOPLE /USDT is consolidating after a strong upward move, indicating potential for the next leg up. With the RSI at 61, there's room for further bullish momentum. The immediate resistance stands at $0.04679, a breakout above which could trigger a steady climb. On the downside, key support lies at $0.04550, ensuring a strong safety net for the bulls.
For traders eyeing this move, an entry at $0.04590 offers an optimal risk-to-reward ratio. The price is poised to test tight targets:
TP1: $0.04630
TP2: $0.04660
TP3: $0.04690
To protect against sudden reversals, place a stop-loss at $0.04540. Watch for volume confirmation before entry as the market readies for a decisive move. With minimal gaps between targets, this setup promises quick returns for agile traders.