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PEOPLE / TetherUS

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PEOPLEUSDT trade ideas

USDT/PEOPLE Long-Term Signal AnalysisHello everyone, As you've likely noticed, the crypto market is currently experiencing a significant downturn. Coins like PEOPLE, which saw substantial gains during the bull runs, are now undergoing a necessary correction. When analyzing the daily chart, it's clear that PEOPLE has pulled back to a key pivot area, highlighted in the blue zone, and is continuing its downward trajectory. The next major support zone lies around $0.045. However, the optimal range for placing your buy orders would be in the next green zone, between $0.02 and $0.025. I recommend exercising patience and waiting for the price to reach this lower support zone before making any purchases. The market is likely to experience further declines, so it’s wise not to rush into buying at this stage. also we have opened a short setup in daiy and our stop is above blue zone
Short
by Lamassu_Trade
#People/USDT #People We have a downtrend pattern on a 2-day frame, the price is moving within it and adhering to its boundaries well We have a support area in green at a price of 0.04200 after the price touched it and rebounded from it We have a trend to stabilize above the moving average 100 We have a downtrend on the RSI indicator that supports the price upwards and is expected to break it Entry price 0.05630 First target 0.09388 Second target 0.1205 Third target 0.1454
Long
by CryptoAnalystSignal
PEOPLE ANALYSIS (ready for breakout)🔮 #PEOPLE Analysis - Breakout 🚀🚀 💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅ Ready for a breakout in #PEOPLE but right now we can see that #PEOPLE is trading below its crucial resistance zone and if #PEOPLE breaks the resistance zone then we would see a bullish move  💯🚀 💸Current Price -- $0.05580 📈Target Price   --  $0.10800   ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #PEOPLE  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
Brace Yourself for a Critical Move in #PEOPLEUSDT! Yello,Paradisers! Are you ready for a potential game-changer with #PEOPLEUSDT? The market is approaching a key demand zone setting the stage for a possible bullish breakout. 💎Currently, #PEOPLE is adhering to a descending resistance pattern. However, it's now on the verge of breaking out, especially if it taps into the critical demand level of $0.06601. 💎Should the price maintain strong momentum here, we could see #PEOPLE breaking through the descending resistance and targeting the major supply area at $0.09966. A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone. 💎On the other hand, if #PEOPLEUSDT loses momentum and faces rejection at the supply area, we may see a bullish rebound from the lower strong support at $0.04499. However, falling below this level could signal a prolonged bearish trend. In such a scenario it's crucial to remain vigilant and employ strategic trading tactics to navigate the market successfully. Stay sharp, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
PEOPLEUSDT.1DIn the analysis of the PEOPLE/USDT daily chart, we're observing several crucial technical elements that shed light on potential future movements. The current price stands at $0.0860, which indicates a minor decline in the session. Trend Analysis: A descending trendline has been clearly illustrated, mapping out the resistance experienced from past peaks. This trendline suggests a primary bearish bias in the market. The current price action is beneath this trendline, signaling continued bearish control unless a breakout occurs. Support and Resistance Levels: R1 at $0.10218 and R2 at $0.12280 mark the primary and secondary resistance levels. A bullish momentum that pushes the price above R1 could suggest a shift in market sentiment, potentially testing R2. S2 at $0.03872 represents a significant long-term support. If this level holds, it could serve as a strong base for price stabilization and potentially an upward reversal. Relative Strength Index (RSI): The RSI stands at 40.42, slightly below the neutral 50 mark, indicating a bearish momentum but not yet entering the oversold territory. This positioning suggests cautious bearish pressure without extreme sentiment. Moving Average Convergence Divergence (MACD): The MACD shows a minimal histogram above the signal line but is very close to crossing below it, which could suggest a strengthening of bearish momentum if confirmed in upcoming sessions. Volume Analysis: While volume isn't highlighted on this chart, understanding volume trends in conjunction with these price movements would be beneficial. Typically, decreasing volume during a downtrend might suggest waning selling pressure, possibly leading to a consolidation phase or a reversal if followed by increased buying volume. Strategic Trading Advice: Traders should monitor for any potential breakout above the descending trendline. A confirmed breakout, ideally with increased volume, could invalidate the current bearish scenario and lead to testing higher resistance levels. On the downside, watch the S2 support; a break below this could lead to further declines, therefore, maintaining strict stop-loss orders below S2 would be prudent to mitigate risks. In conclusion, the PEOPLE/USDT pair shows a predominantly bearish outlook with potential for reversal should it breach key resistance levels with supporting volume. Traders should remain vigilant and adapt to the changing market dynamics by using these technical indicators as guides for their trading decisions.
Long
by MarsSignals
#people backlash target where?📊#people backlash target where❓ 🧠From a structural point of view, we have entered an in-depth correction after completing the weekly level target. It is currently in the rebound stage after the correction. The target area that needs attention is 0.08295-0.09451 and near the resistance area. ➡️If there can be a good correction in the future and return to the buying zone again, it will be very worthy of our attention. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:PEOPLEUSDT.P
Long
by wolf_king888
2
#PEOPLE/USDT Futures Trade Setup!If you're seeking a low-risk, high-reward setup, SEED_DONKEYDAN_MARKET_CAP:PEOPLE looks promising to me. Entry Range - Entry: $0.06180 to $0.06022 - Stop Loss (SL): $0.05977 Risk Reward:- 1:14 (Highly lucrative) but SL is a must! Target Levels - First Target: $0.06477 - Second Target: $0.06677 - Third Target: $0.06987 - Fourth Target: $0.07322 - Fifth Target: $0.07677 Remember to Do Your Own Research (DYOR) and note that this is Not Financial Advice (NFA). If you consider this trade, I repeat SL is a must. #Crypto #peopleusdt
Long
by Cryptorphic
PEOPLE Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: PEOPLE has maintained the primary support level from $0.04237 to $0.05458. It is facing slight resistance at the 100 EMA at $0.06715. If the price is rejected from the CMP, it is likely to hit the lower support level at $0.033 (a 44% drop). On the positive side, a bullish trend can be expected if #PEOPLE breaks above the 100 EMA resistance. - Sweet spot to enter: $0.033 to $0.04237. - Long-term Target: $0.093, $0.133, $0.164, $0.2. - Invalidation Point: A breakdown and close below $0.033. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic