Add the hourly K of $PEOPLE : It has reached the rebound position of 0.382. Generally, when it reaches these key positions, I don’t recommend participating in it.

The possibility of breaking through and being blocked at this position is half and half. Let’s use the logic of the five waves. Short-selling and then supporting long is the most ideal state. On the contrary, it is a bet that it will break through here.

This is the least recommended, and it is the same for any target without exception.