My favorite $PEOPLE is going up!
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If the bullish momentum continues, $PEOPLE
could break the immediate resistance at 0.08543 and
aim for higher levels around 0.08698 or beyond,
especially if buying volume remains strong.
But, If the price faces rejection at the current resistance, it could pull back to the support levels around 0.07567 or 0.06726. The overall trend, however, remains bullish unless it breaks below these support levels.
so consider selling at top and rebuying a little lower to save some profit.
1. (MA):
- The 7-period MA (yellow) is above the 25-period MA (pink) and the 99-period MA (purple), indicating a short-term upward trend.
-The current price is above all three MAs, suggesting bullish momentum.
2. (RSI):
- The RSI(6) is at 66.40, RSI(12) is at 67.52, and RSI(24) is at 65.97. These values indicate that the asset is nearing overbought conditions but still has some room for upward movement before hitting extreme overbought levels (usually RSI > 70).
-Support Levels:
- Immediate support is around 0.07567, which was a recent consolidation point.
- Stronger support is at 0.06726, the recent low in the 24-hour range.
-Resistance Levels:
- Immediate resistance is at 0.08543, the recent high.
- Further resistance can be expected around 0.08698.
So, Given the current bullish indicators, $PEOPLE is likely to continue its upward trend, testing and potentially breaking the immediate resistance levels. However, watch for any signs of reversal or decreased volume, which could indicate a pullback to support levels.
And set limit loss orders please!
