$PEOPLE $PEOPLE

PEOPLE/USDT Analysis: Bearish Momentum

The PEOPLE/USDT pair shows bearish momentum. Here's a breakdown:

Key Levels:

* Support: 0.06015

* Resistance: 0.06659

Entry Strategy:

* Aggressive: Break below 0.06015 with a stop above the recent swing high.

* Conservative: Wait for a retest of 0.06659 as resistance, then enter a short position with a stop above the recent swing high.

Additional Considerations:

* Decreasing volume signals waning buying interest.

* RSI in the oversold zone suggests potential short-term exhaustion.

Disclaimer: This is not financial advice. Do your own research.

#XRPPriceAction #DEXXBreach #USDebt36Trillion #Binance240MUsers #Write2Earn!