$PEOPLE

My last analysis of the currency was two days ago.

PEOPLEUSDT

permanent

0.06106

+1.09%

To analyze the likelihood of PEOPLE/USDT rising to $0.14, one should study the current technical and dynamic factors, as well as follow the market momentum. Let's evaluate the situation:

---

### 1. Technical Analysis:

#### Important resistors:

- First resistance: at $0.069 (current level is close to it), this is a crucial level that must be surpassed.

- Second resistance: at $0.09 – If this resistance is broken with strong momentum, there could be a chance to reach $0.14.

- Final resistance before $0.14: At $0.12 – the coin needs very big momentum to break through it.

#### Basic support:

- Current support is at $0.0585. If the price breaks it, reaching higher levels like $0.14 will be very weak.

#### RSI (Relative Strength Index):

- Currently, the RSI is in the 50 area, which means the market is balanced between sellers and buyers.

- To reach $0.14, the RSI must cross 70 (overbought zone), indicating strong momentum.

#### Trading Volumes:

- If trading volumes increase significantly when rising above the $0.09 resistance level, the probability of rising to $0.14 will be high.

---

### 2. External market factors:

- General market boom: If the cryptocurrency market is bullish, the general momentum may push the coin to higher levels.

- Currency related news or partnerships: Any positive news or technical updates can be a strong catalyst.

---

### 3. Possibilities to reach $0.14:

#### Positive scenario:

- If the currency breaks the resistance levels of $0.069 and **$0.09** with strong momentum, reaching $0.14 is possible, but this requires:

- Significant increase in trading volumes.

- Support from the general cryptocurrency market.

- Maintaining the upward trend without breaking the support levels.

#### Negative scenario:

- If the price fails to break the current resistance at $0.069, or breaks the major support at $0.0585, the probability of reaching $0.14 will become very weak.

---

### Probability Estimation:

- In the current situation, and with the absence of strong momentum:

- Probability of rising to $0.14 in the short term (1-2 weeks): 20%-30%.

- Probability of rising to $0.14 in the medium term (1-3 months): 50% (if there is momentum and positive news).

---

### Conclusion and recommendation:

- Currently, the coin is facing strong resistances, and it needs very strong momentum to reach $0.14. Watch the resistance levels at $0.069 and **$0.09** closely.

- If you are looking for a buying opportunity, wait for confirmation of the break above $0.09 with high trading volumes.

> Reminder: Cryptocurrencies are very volatile, and risk management strategies should always be used.$PEOPLE