RealExperts
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#HOPE #PEOPLEdump stop..
$PEOPLE Declined still continued ..
What I do now...#RealExperts opinion Matters a lot..
The recent decline in $PEOPLE /USDT, with a significant drop of 17.82% to $0.09050, highlights a pronounced bearish trend. The 4-hour chart reveals a steady decrease in price since peaking at $0.14150. The moving averages (MA) further emphasize this downtrend: MA(7) at $0.09640, MA(25) at $0.10706, and MA(99) at $0.11397, all sloping downward. This indicates strong selling pressure. The consistent red candles and high volume on sell-offs suggest a lack of bullish momentum. With the price nearing the 24h low of $0.08760, it could soon test this support level. If the current selling pressure persists, the price might drop further, potentially reaching around $0.085. However, if buying interest increases, it could recover towards the MA(25) near $0.107. As of now, the market sentiment remains bearish, and caution is advised.
#altcoins #BlackRock
$PEOPLE Declined still continued ..
What I do now...#RealExperts opinion Matters a lot..
The recent decline in $PEOPLE /USDT, with a significant drop of 17.82% to $0.09050, highlights a pronounced bearish trend. The 4-hour chart reveals a steady decrease in price since peaking at $0.14150. The moving averages (MA) further emphasize this downtrend: MA(7) at $0.09640, MA(25) at $0.10706, and MA(99) at $0.11397, all sloping downward. This indicates strong selling pressure. The consistent red candles and high volume on sell-offs suggest a lack of bullish momentum. With the price nearing the 24h low of $0.08760, it could soon test this support level. If the current selling pressure persists, the price might drop further, potentially reaching around $0.085. However, if buying interest increases, it could recover towards the MA(25) near $0.107. As of now, the market sentiment remains bearish, and caution is advised.
#altcoins #BlackRock