PEOPLE/USDT: . Here are the key observations and interpretations regarding the market trends:

Current Price Movement: The last price is 0.03912 USDT, showing a significant daily increase of 9.83%. The price is currently trading above the middle Bollinger Band (MB), indicating a potential bullish trend.

Bollinger Bands: The Bollinger Bands (with settings of 21, 2) are showing expansion. The price has moved significantly above the middle band (MB: 0.02746) and is approaching the upper band (UP: 0.03521). This expansion and the price moving towards the upper band suggest increased volatility and a strong upward momentum.

Volume Analysis: The 24-hour volume for PEOPLE is 21.86 billion, and for USDT, it is 793.53 million. High trading volumes often accompany significant price movements, indicating strong market interest and participation.

Candlestick Pattern: Recent candlesticks show consecutive green candles with increasing height, indicating strong buying pressure. The large volume bars correspond to these green candlesticks, reinforcing the bullish sentiment.

Moving Averages (MA):

MA(5): 9,256,911,160.6000

MA(10): 7,185,465,750.6000

The moving averages are not typical price MAs but rather volume-related metrics. However, the price action suggests that the short-term moving averages are likely supporting the bullish trend.

Historical Low and High:

The lowest price in the observed period was 0.01775 USDT.

The highest recent price reached was 0.04206 USDT.