PEOPLEUSDT has been trading within a relatively narrow range, which indicates that there is a buildup of buying pressure in the market.
At present, the price of PEOPLEUSDT is testing a key support level, which is important for attracting new liquidity to the market. If this support level holds, it could potentially lead to a breakout of the 0.0225$ area, which would be a bullish signal for the market.
According to Plancton's rules, if the price of PEOPLEUSDT does indeed create a breakout and move higher, it could present an opportunity for traders to open new long positions. This is because a breakout would signal a potential shift in market sentiment, indicating that there may be more buyers than sellers in the market.
–––––
Follow the Shrimp 🦐
Keep in mind.
At present, the price of PEOPLEUSDT is testing a key support level, which is important for attracting new liquidity to the market. If this support level holds, it could potentially lead to a breakout of the 0.0225$ area, which would be a bullish signal for the market.
According to Plancton's rules, if the price of PEOPLEUSDT does indeed create a breakout and move higher, it could present an opportunity for traders to open new long positions. This is because a breakout would signal a potential shift in market sentiment, indicating that there may be more buyers than sellers in the market.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Comment:
Waiting for the last target
Comment:
everything as expected!