PEOPLE/USDT Success Breakout the key level or Back to rejected ?

Nov 20, 2023

💎 PEOPLE has undeniably garnered significant attention in the market. Currently, PEOPLE is facing challenges breaking the resistance area, evident from historical rejections in this zone. There's a possibility that PEOPLE will make another attempt to break out of the resistance area, a crucial step for sustaining the upward movement. A successful breakout could propel PEOPLE toward the next major supply area.

💎 However, if PEOPLE encounters resistance and fails to break out, it may face rejection and return to the retesting phase at the demand area.

💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, PEOPLE fails to maintain its position and undergoes a breakdown. In such a case, PEOPLE may revert to the next lower demand area, requiring a bounce to reclaim the demand before considering further upward or downward movement toward a strong support area.

Jan 10

Trade closed: target reached

Nailed it again - #PEOPLE is up 570.94%, right on cue!