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$PEOPLE /USDT TECHNICAL ANALYSIS – BULLISH MOMENTUM IN PLAY! 🚨
$PEOPLE is showing a strong upward movement with a 12.60% gain, now trading at 0.06990. After reaching a high of 0.07085 in the last 24 hours, the market indicates bullish interest. Here’s a breakdown of key resistance and support levels to watch:
🎯 Target 1: 0.07470
This is a significant resistance level that, if broken, could signal a continuation of the bullish trend. A breakout above 0.07470 may invite additional buying pressure as traders jump in on the momentum.
🎯 Target 2: 0.07571
If PEOPLE continues its upward trajectory beyond the first target, the next resistance is at 0.07571. This level could see some profit-taking, but surpassing it would indicate strong bullish sentiment.
🎯 Target 3: 0.08000
A major psychological level, hitting 0.08000 would underscore the strength of the uptrend and might attract even more traders looking for upward movement, potentially leading to further gains.
🚨 Support Level: 0.06094
If PEOPLE faces a pullback, holding above 0.06094 will be crucial. A drop below this level could signal a deeper correction, prompting traders to proceed with caution.
PEOPLE is in a strong bullish phase, but watch these levels closely to gauge whether this momentum can be sustained or if a pullback is in store.
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