🐻 $PEOPLE BREAKDOWN – SELLERS ARE FLOODING THE ORDER FLOW! 📉
Entry: 0.00662 – 0.00668 ⚡
Stop Loss: 0.00688 ⚠️
Target: 0.00640 🚀
🔍 The structure on $PEOPLE turned decisively bearish after price rejected the 0.00688 supply zone for the third time, printing a clear lower high on the 1H. 📊 Volume is accelerating on breakdowns, confirming absorption is failing to hold — liquidity is building below 0.00662 and the path toward 0.00640 looks clean.
💡 This is a textbook sell-the-rally scenario with institutional footprint visible in the widened spreads and aggressive bid pulling. A sweep of 0.00640 would open the door to 0.00610 and 0.00580. 💬 Are you waiting for a retest of the supply zone or entering directly here? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PEOPLE #Bearish #ShortSetup #Crypto #Trading
🐻 📉
Entry: 0.00662 – 0.00668 ⚡
Stop Loss: 0.00688 ⚠️
Target: 0.00640 🚀
🔍 The structure on $PEOPLE turned decisively bearish after price rejected the 0.00688 supply zone for the third time, printing a clear lower high on the 1H. 📊 Volume is accelerating on breakdowns, confirming absorption is failing to hold — liquidity is building below 0.00662 and the path toward 0.00640 looks clean.
💡 This is a textbook sell-the-rally scenario with institutional footprint visible in the widened spreads and aggressive bid pulling. A sweep of 0.00640 would open the door to 0.00610 and 0.00580. 💬 Are you waiting for a retest of the supply zone or entering directly here? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PEOPLE #Bearish #ShortSetup #Crypto #Trading
🐻 📉