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đ PEOPLE/USDT Price Breakout â A Precise Prediction Comes True! đ
In trading, timing and accurate technical analysis (TA) are everything! Just a short while ago, I shared a prediction on PEOPLE/USDT, suggesting a breakout after the price was testing a crucial support zone. The second image now shows the exact price pump we anticipated, resulting in a fantastic gain of 47.43%! đ
đ Letâs break down the prediction and the current situation:
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đ Initial Observation (First Image):
When I first analyzed PEOPLE/USDT:
Support Zone: The price had been hovering around the support zone (marked in blue), signaling potential stability.
Downtrend Resistance: A clear downtrend line was established, with the price squeezing between support and resistance, forming a tightening wedge pattern.
Volume Decline: The declining volume indicated a buildup for a big move, which we anticipated to be upwards, based on previous market behavior around these price levels.
Low Volatility: As volatility decreased, it suggested that the asset was gearing up for a significant move.
đŻ Prediction:
Based on these observations, I predicted that PEOPLE/USDT would bounce off the support zone, break through the descending resistance, and begin a strong upward movement toward the upper resistance zone.
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đ„ Outcome (Second Image):
As shown in the second image:
Massive Pump: PEOPLE/USDT confirmed the breakout with a huge move, gaining 47.43%! The price surged from around $0.062 to its current level of $0.07446, as expected.
Strong Momentum: The break above the downtrend line was a clear signal of reversal. Bulls have taken control, and volume is starting to rise, indicating continued strength in the market.
Next Target: The price is now pushing towards the next resistance level around $0.10 - $0.15 (highlighted in blue), where we may see some consolidation or another breakout.
Whatâs Next?:
If PEOPLE/USDT continues with this momentum and the bulls hold control, we could see further movement towards the upper resistance zone.
However, as always, we should watch for any signs of exhaustion, particularly as the price nears key resistance levels.
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đĄ Key Lessons:
1. Trust the TA: This price movement is a perfect example of how following technical analysis and sticking to a well-planned strategy can pay off in trading.
2. Support & Resistance Zones Matter: Identifying crucial levels such as support and resistance is key to predicting potential market movements.
3. Patience is Key: Often, the market needs time to build momentum, and as we saw, patience rewarded us with a massive gain!
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đą Stay Tuned for More Updates:
I will continue to monitor PEOPLE/USDT closely and share further insights on upcoming price movements. Make sure to stay informed and manage your risk carefully in these volatile market conditions.
If you followed the analysis, congratulations on a successful trade! đ For those who missed it, don't worry â many more opportunities lie ahead.
Follow for more real-time TA and trade ideas!
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