Market Update: $PEOPLE /USDT Analysis (Oct 12, 2024)

📊 Current Price: $0.07937 (+2.90%)

🔍 Technical Overview:

24h High: $0.08276

24h Low: $0.07654

Volume: 729.49M PEOPLE / 57.86M USDT

📈 Indicators:

MA/EMA: Price is holding above both the Moving Average and Exponential Moving Average, signaling bullish momentum.

Bollinger Bands: People’s price is tightening within the bands, hinting at an upcoming breakout.

MACD: Showing a potential crossover, which could indicate a bullish trend continuation.

RSI: Currently near 60, showing strength without being overbought.

SAR: Price is above the Parabolic SAR dots, suggesting upward pressure is intact.

💡 Market Sentiment: Strong buying interest in the last 24 hours, with a volume surge, and positive short-term trends. Key levels to watch include resistance at $0.08276 and support at $0.07654.

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