💎 PEOPLE has undeniably garnered significant interest in the market with its recent breakout from a key supply zone, often associated with a consolidation phase, signaling a potential continuation of its upward trajectory.
💎 Currently, PEOPLE is encountering resistance at the $0.01360 level, a threshold that has proven challenging to surpass as evidenced by multiple rejections. Each attempt to breach this resistance has been followed by a retreat to the demand zone for a retest, a process that aims to gather the necessary momentum for a successful breakout.
💎 Should PEOPLE manage to decisively overcome the $0.01360 resistance, it is likely that we will witness a substantial upward move, the probability of the price toward the anticipated supply zone target.
💎 On the flip side, a concerning scenario would unfold if PEOPLE revisited the demand zone without showing signs of a bullish reversal or bounce. Such a development could indicate an inability to sustain the demand level, potentially leading to a breakdown below this area. This bearish turn of events would significantly increase the likelihood of PEOPLE reverting to a more pronounced support zone.
Đóng lệnh: đạt mục tiêu
Nailed it again - #PEOPLE is up 52.83%, right on cue!
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