Technical Analysis & Trade Signals for $PEOPLE

/USDT:

Current Price: $0.04496 (up 1.19% in 24 hours)

Trend: The price is showing a slight bullish momentum, with the current price above the recent 24h low ($0.04283) and approaching the 24h high ($0.04594). The short-term moving averages (MA5 and MA10) suggest continued buying momentum.

Trade Signals:

Buy Signal: If the price stays above $0.04371 (support level), there's potential for upward momentum.

Sell Signal: If the price drops below $0.04349, it may signal a short-term bearish retracement.

Targets 🎯:

1. Target 1 (Resistance): $0.04594 — This is the 24h high and the first major resistance level.

2. Target 2 (Intermediate Resistance): $0.04650 — A further price target if momentum continues.

3. Target 3 (Strong Resistance): $0.04750 — A potential higher resistance if bullish sentiment persists.

Trade Momentum:

Current Momentum: Mild bullish trend indicated by the price increasing and trading volume rising.

Short-Term Momentum: Buying activity is currently strong, with a volume spike of 5.53M PEOPLE in the last 15 minutes.

Caution: Monitor for a price reversal or pullback near $0.04594, as it could test the resistance.

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