$PEOPLE has completely flipped its 4H structure after holding the $0.0070–$0.0080 region. Buyers then stepped in aggressively, breaking through $0.0090 and $0.0100 in a series of strong candles.
Market structure 👇
• $0.0070–$0.0080 → Base / accumulation zone • $0.0085–$0.0090 → Breakout area • $0.0100 → Major psychological level now reclaimed • Current price → ~$0.01122 • Immediate resistance → $0.01130–$0.01150 • A clean break above $0.01150 could extend the move toward $0.0120–$0.0125 • First pullback support → $0.0105–$0.0108 • Stronger support → $0.0098–$0.0100
Key Levels
Support → $0.0105–$0.0108
Major Support → $0.0098–$0.0100
Resistance → $0.01130–$0.01150
Next Target Zone → $0.0120–$0.0125
The momentum is clearly with buyers, but after such a sharp expansion, the key
signal is whether the $0.0105 area holds on a pullback.$HEMI
$WCT