$PEOPLE
Recent short liquidations indicate bears are getting squeezed as buyers reclaim momentum. If price continues holding above immediate support, bullish continuation remains the favored scenario. Wait for confirmation instead of chasing extended candles.
Bias: LONG
Support: 0.00695
Resistance: 0.00745
Next Target: 0.00780 → 0.00830
A clean breakout above resistance could trigger another short squeeze and accelerate upside momentum. Strong volume confirmation would strengthen the probability of reaching higher targets.
$PEOPLE
Recent short liquidations indicate bears are getting squeezed as buyers reclaim momentum. If price continues holding above immediate support, bullish continuation remains the favored scenario. Wait for confirmation instead of chasing extended candles.
Bias: LONG
Support: 0.00695
Resistance: 0.00745
Next Target: 0.00780 → 0.00830
A clean breakout above resistance could trigger another short squeeze and accelerate upside momentum. Strong volume confirmation would strengthen the probability of reaching higher targets.
$PEOPLE