Guys $PEOPLE is showing breakdown characteristics on this timeframe ⚠️
Entry: 0.00962 - 0.00968
🎯 TP1: 0.00956
🎯 TP2: 0.00940
Sellers stepped in with a huge volume spike pushing price into a breakdown structure below moving averages. Positioning remains skewed long, leaving room for further liquidation pressure.
Looking for rejection under 0.00975 to drive a retest of lower support levels.
Let's monitor the reaction 👀
Entry: 0.00962 - 0.00968
🎯 TP1: 0.00956
🎯 TP2: 0.00940
Sellers stepped in with a huge volume spike pushing price into a breakdown structure below moving averages. Positioning remains skewed long, leaving room for further liquidation pressure.
Looking for rejection under 0.00975 to drive a retest of lower support levels.
Let's monitor the reaction 👀