#PEOPLEUSDT (11-2024) WatchlistPEOPLE/USDT Analysis
🔹 Current Price: $0.06724
🔹 Support Levels: $0.04835, $0.04006
🔹 Resistance Levels: $0.09294, $0.13982, $0.17693
🔹 Panic Level: $0.04606
Pattern: Ascending Support Line & Consolidation Triangle
PEOPLE has been consolidating along an ascending support line, holding above key support at $0.04835. The price is currently nearing a potential breakout level, with resistance zones to watch closely at $0.09294, $0.13982, and $0.17693. Breaking above these levels could trigger a significant bullish wave, reaching potential gains as illustrated in the green target area.
Bullish Scenario:
If PEOPLE breaks above $0.09294, we could see a strong upward move toward the next targets:
📈 $0.13982
🚀 $0.17693
Bearish Scenario:
If PEOPLE falls below the panic level at $0.04606, it may lead to a deeper correction, breaking the ascending support line and signaling bearish pressure.
📌 Trade Tip: Keep a close watch on the resistance breakout at $0.09294 for confirmation of bullish momentum. If PEOPLE holds above this level, the upward targets come into play. Below $0.04606, consider reassessing positions.
Note:
This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks.
Best wishes to all,
we ask Allah reconcile and repay. 🙏