$PEOPLE when btc adjusts a little, people immediately drop down to 0.03 then go up to 0.06 so it has increased by 100% already, this is a terrifying way to take money from investors.
I will analyze in detail the transaction data of $PEOPLE (PEOPLE): 1. Technical analysis: Important resistance/support levels: - Strong resistance: $0.0730-0.0745 (has been tested multiple times) - Medium resistance: $0.0680-0.0695 - Strong support: $0.0620-0.0635 - Medium support: $0.0590-0.0605 Currently, the price is trading at $0.0724, in the strong resistance zone. 2. Trend analysis: - Short-term trend (24h): Corrective increase - Medium-term trend (1 week): Increase - Trading volume over the past 24h has increased significantly - RSI is in the overbought zone (>70) - MACD remains positive 3. Trading recommendations: Spot: - Good entry point: $0.0635-0.0650 - Stop loss: $0.0590 - Take profit 1: $0.0745 (R/R = 2.1) - Take profit 2: $0.0820 (R/R = 3.4) - Success rate: 65% Future: - No recommendation to enter future positions at the moment due to high volatility - If you want to trade futures, you should wait for the price to retest the area of $0.0635-0.0650 4. Forecast for the next 24h: - There is a high possibility of a corrective move to retest the area of $0.0680-0.0695 - Probability of further increase: 40% - Probability of correction: 60% 5. Recommendations for current positions: - For those holding: Should take some profit at the current zone - For those who have not entered: Wait for a correction to the area of $0.0635-0.0650 to buy spot - Should not open new positions at the current price level Note: - The crypto market is highly volatile, careful risk management is necessary - Only trade with capital you can afford to lose - Always set stop loss and adhere to trading discipline