$PEOPLE

Moving Average (MA): Both the short-term MA (such as the yellow line) and the medium-term MA (such as the purple line) show a continued downward trend, indicating that market sentiment is still relatively pessimistic. The current price is below all major moving averages, indicating a strong downward trend.

Volume: The volume histogram shows that during the price decline, the trading volume increased significantly, especially when the price was close to the lowest point of 0.04553 USDT, the trading volume increased significantly, indicating that the market had a large amount of selling at this price pressure.

MACD (Moving Average Convergence/Divergence): The MACD indicator is still below the zero axis, but the fast line (MACD line) begins to approach the slow line (signal line) upwards, showing signs of forming a golden cross, which is a potential bullish signal . The MACD histogram shows that the bars in the negative area are decreasing, indicating that the downward momentum is weakening.

It experienced a significant decline over the 24 hours, but the downward momentum has weakened somewhat, with the MACD indicator showing a potential bullish signal. Volume increases significantly when prices fall, indicating greater selling pressure in the market.