♠️ PEOPLE/USDT 24-hour market analysis: short-term explosion followed by a volatile decline ♠️
Dear PEOPLE players, the market has been full of ups and downs in the past 24 hours, let us savor it carefully!
🃏 Market Overview:
• Low: about 0.0519 USDT
• High: about 0.0550 USDT
• Current: about 0.0525 USDT, showing a trend of oscillating decline
♣️ Long Strategy:
1. Entry: 0.0523 - 0.0526 USDT
• Reason: Currently in the callback range, there may be a rebound opportunity
2. Target:
• Conservative: 0.0530 USDT (+0.8% to +1.3%)
• Intermediate: 0.0535 USDT (+1.7% to +2.3%)
• Aggressive: 0.0540 USDT (+2.7% to +3.3%)
3. Stop loss: 0.0520 USDT (-0.6% to -1.1%)
• If it falls below this level, it may continue to decline, stop loss in time
♥️ Short strategy:
1. Entry: 0.0530 - 0.0535 USDT
• Reason: Close to the previous resistance level, may fall again
2. Target:
• Conservative: 0.0525 USDT (-0.9% to -1.9%)
• Intermediate: 0.0520 USDT (-1.9% to -2.8%)
• Aggressive: 0.0515 USDT (-2.8% to -3.7%)
3. Stop loss: 0.0540 USDT (+0.9% to +1.9%)
• Breaking through this level indicates strong upward momentum, stop loss decisively
♦️ Risk warning:
• The risk of a single transaction is controlled at 1-2%
• Set a moving stop loss to protect existing profits
• Pay attention to the trends of BTC and ETH, which have a huge impact on the entire crypto market
🃏 Advanced experts:
• Consider grid trading in the 0.0520-0.0540 USDT range to grasp the volatile market
• Pay attention to the PEOPLE/BTC trading pair and look for relative strength and weakness opportunities
As an emerging currency, PEOPLE has large fluctuations and needs to be extra cautious. Dear players, what do you think of the future of PEOPLE? Will it continue to fluctuate or will there be a clear direction? Welcome to share your unique insights in the comment area!