$PEOPLE is up 29.6% in 24 hours, hitting 0.0104 on $10M volume.
This push takes it to the top of its 7-day range, kissing the 0.0113 resistance. The RSI is at 68, near overbought, but price is holding above both the EMA20 (0.00974) and EMA50 (0.00883). The desk's read is that this move needs to break 0.0113 decisively, or it's just another wick.
Is this a real breakout, or just another rejection at resistance?
$PEOPLE
This push takes it to the top of its 7-day range, kissing the 0.0113 resistance. The RSI is at 68, near overbought, but price is holding above both the EMA20 (0.00974) and EMA50 (0.00883). The desk's read is that this move needs to break 0.0113 decisively, or it's just another wick.
Is this a real breakout, or just another rejection at resistance?
$PEOPLE