$PEOPLE $PEOPLE $PEOPLE

PEOPLE/USDT: A Meme Token on the Brink?

PEOPLE/USDT, a meme token, is currently trading at $0.07550, down 2.73% in the last 24 hours. While the recent price action has been bearish, the high trading volume suggests significant market interest.

Key Support and Resistance Levels:

* Support: $0.06531, $0.06605

* Resistance: $0.07615, $0.08083

Entry Strategy:

* Conservative: Wait for a break below the $0.06531 support level for a potential short entry.

* Aggressive: Consider a short position at the current price with a stop-loss above the nearest resistance.

Technical Outlook:

The bearish momentum could continue, but a break above the $0.07615 resistance could signal a potential reversal.

Disclaimer: Meme tokens are highly volatile and speculative. Always conduct thorough research and consider your risk tolerance before investing.

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