🚨 $PEOPLE technical analysis 🚨

Current price: $0.05711

🔻Decrease of 3.12% over the last 24 hours

24-hour high: $0.06157

24-hour low: $0.05633

Trading Volume:

436.30million PEOPLE tokens traded

25.71 million USDT volume

Short-Term Indicators:

📢 15-minute and 1-hour charts suggest a bearish trend

Potential short trade entry points near the current price or slightly higher

📢 Long-Term Considerations:

Look for confirmation above the 24-hour high of $0.06157 on higher timeframes (4-hour and daily charts) before considering long positions

🚨Risk Management🚨

Close monitoring of price movements for trend validation

Implementation of appropriate risk management strategies to maximize profitability

🚨Your approach seems well-rounded, taking into account both short-term and long-term perspectives. If you're actively trading, be sure to stay updated with any market news or changes that might affect the price of $PEOPLE/USDT.