🚨 $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.