🔥 $PEOPLE — I’m waiting for a renewed push after the local pullback!
According to Binance analytics, over 92.8% of the market is positioned bullish, and the coin has already gained +20% over the day. However, buying right now at the local peak is extra risk, so I’m waiting for a more advantageous entry point.
📉 My trading plan:
• Accumulation zone (local support): 0.00848 (yellow dashed line)
• Breakout confirmation level: 0.01002
• 🎯 Main price target: 0.01119 (more than +30% from the support zone)
Scenario: I expect a technical drop in price to the yellow support line (0.00848) to accumulate liquidity, followed by a strong rebound, a break of the 0.01002 level, and then a continuation of the rally up to 0.01119.
Are you waiting for a pullback for PEOPLE, or are you entering from the current price? Share your thoughts in the comments! 👇
#PEOPLE #BinanceSquare #CryptoSignals #TradingStrategy #Altcoins #Bullish #TechAnalysis #CryptoTrading
According to Binance analytics, over 92.8% of the market is positioned bullish, and the coin has already gained +20% over the day. However, buying right now at the local peak is extra risk, so I’m waiting for a more advantageous entry point.
📉 My trading plan:
• Accumulation zone (local support): 0.00848 (yellow dashed line)
• Breakout confirmation level: 0.01002
• 🎯 Main price target: 0.01119 (more than +30% from the support zone)
Scenario: I expect a technical drop in price to the yellow support line (0.00848) to accumulate liquidity, followed by a strong rebound, a break of the 0.01002 level, and then a continuation of the rally up to 0.01119.
Are you waiting for a pullback for PEOPLE, or are you entering from the current price? Share your thoughts in the comments! 👇
#PEOPLE #BinanceSquare #CryptoSignals #TradingStrategy #Altcoins #Bullish #TechAnalysis #CryptoTrading