Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
PEOPLE has maintained the primary support level from $0.04237 to $0.05458. It is facing slight resistance at the 100 EMA at $0.06715. If the price is rejected from the CMP, it is likely to hit the lower support level at $0.033 (a 44% drop).
On the positive side, a bullish trend can be expected if #PEOPLE breaks above the 100 EMA resistance.
- Sweet spot to enter: $0.033 to $0.04237.
- Long-term Target: $0.093, $0.133, $0.164, $0.2.
- Invalidation Point: A breakdown and close below $0.033.
DYOR, NFA.
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#PEACE