Mock Up Price Action for PEOPLE | Near Term (30MIN)

Updated
Mock Up Price Action for PEOPLEUSDT | Near Term (30MIN)
- Watching and waiting for THE opportunity to enter short, targets under consideration marked
- This looks and feels like a MEXC:1000PEPE2USDT.P moment with double peaks one after another, with the second peak for 1000PEPE2 at roughly 40% higher than the first.

Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Note
Adjusted setup (4HR)

snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

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