$PEOPLE USDT Analysis Next Move Bear or a bull (30-min chart) 🔥🩸🚀
Pattern: 🔻 The chart shows a ↘️ Rising Wedge Breakdown, signaling a potential bearish reversal. A strong rejection near 0.06200 confirms the selling pressure.
Next Move: 🐻 Bearish sentiment dominates as the price fails to hold above 0.06000. If support at 0.05900 breaks, further downside is likely.
Long Entry:
* Wait for a breakout above 0.06055.
* Target: 🎯 0.06185 - 0.06250.
* Stop-Loss: 🛑 0.05895.
Short-Term Outlook: ⚠️ Cautious bias. 🐻 Bears are in control unless bulls reclaim 0.06050. Traders should watch support near 0.05855 for confirmation of the next move.