Hello everyone,
As you've likely noticed, the crypto market is currently experiencing a significant downturn. Coins like PEOPLE, which saw substantial gains during the bull runs, are now undergoing a necessary correction.
When analyzing the daily chart, it's clear that PEOPLE has pulled back to a key pivot area, highlighted in the blue zone, and is continuing its downward trajectory. The next major support zone lies around $0.045. However, the optimal range for placing your buy orders would be in the next green zone, between $0.02 and $0.025.
I recommend exercising patience and waiting for the price to reach this lower support zone before making any purchases. The market is likely to experience further declines, so it’s wise not to rush into buying at this stage.
also we have opened a short setup in daiy and our stop is above blue zone
As you've likely noticed, the crypto market is currently experiencing a significant downturn. Coins like PEOPLE, which saw substantial gains during the bull runs, are now undergoing a necessary correction.
When analyzing the daily chart, it's clear that PEOPLE has pulled back to a key pivot area, highlighted in the blue zone, and is continuing its downward trajectory. The next major support zone lies around $0.045. However, the optimal range for placing your buy orders would be in the next green zone, between $0.02 and $0.025.
I recommend exercising patience and waiting for the price to reach this lower support zone before making any purchases. The market is likely to experience further declines, so it’s wise not to rush into buying at this stage.
also we have opened a short setup in daiy and our stop is above blue zone
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.