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
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。