strong buy
PEOPLES-USDT Bullish Breakout Targets
The price of PEOPLES-USDT is showing a bullish trend after multiple breakouts of structure (BOS) and a change in character (CHoCH) on lower timeframes, indicating a shift in market dynamics. Support held at a weak minimum, preserving liquidity and fueling upward movement with increased volume. Breaking the downward channel confirms buyers' intent to push higher, reinforcing the recovery scenario. Immediate targets are in the FVG and 1H OB zones, serving as intermediate levels before reaching the more significant 1H FVG and supply areas. Entry is suggested at 0.01962, with take profit levels at 0.02175, 0.02537, and 0.03278, corresponding to local 1H OB, upper 1H FVG boundary, and supply zone, respectively.
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AI Analysis
The analysis points to a clear bullish scenario for PEOPLES-USDT, based on technical signals from lower timeframe structure breaks (BOS) and the change in market character (CHoCH). These indicators su...
AI Recommendation
Based on the current analysis, entering a long position at 0.01962 appears promising, with defined take profit levels at 0.02175, 0.02537, and 0.03278 to maximize gains. Stop-loss should be placed at ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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