PEOPLE Potential Buy Setup (4H Order Block Reaction)

18 May

🔑Key Levels
🟢Demand Zone (Buy Area):0.02396 – 0.02366
- Entry:0.02396
- ⚠️Stop Loss:** **0.02348** *(below the support zone)*
- 💵Take Profit:0.02689

Setup Conditions:
1. Price Action Context:
- Price reacted after hitting a **4H bullish order block**.
- The only strong bullish zone is **0.02396 – 0.02366**.

2. **Confirmation Required:**
- Wait for price to reach the **demand zone (0.02396 – 0.02366)**.
- Check for **weak bearish momentum** (e.g., RSI > 30, MACD bullish divergence, or low selling volume).
- **15M candle confirmation** (e.g., bullish engulfing, pin bar, or rejection wick).

3. **Risk Management:**
- Enter **only if all conditions align**.
- Avoid if price approaches the zone with **strong bearish momentum**.

19 May

İşlem aktif

This position triggered Tp and we got a good profit. I'll publish another idea about PEOPLEUSDT sooon.