PeopleBtc Buy opportunity

9 févr.

PEOPLEBTC is currently trading within a well-defined descending channel, with price testing the bottom range of the pattern. A potential reversal from this level could initiate a move toward the upper boundary of the channel, aligning with the broader market structure.

The critical zone remains a key area to watch, as it will dictate the next major market decision. A confirmed breakout above this zone would trigger strong bullish momentum, potentially leading to a retest of the major supply zone outlined on the chart.

Price action within these key levels will determine whether the structure remains intact or shifts into a broader trend reversal.

Let us know your thoughts on this setup.

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Transaction en cours

Just as expecting the BTC weakness plays to the advantage of most BTC pairs which People is one of them, we should expect the strength to continues.