Most traders avoid coins making lower highs. The real opportunity often appears when selling pressure starts losing momentum.



$PEOPLE is trading near a key support zone after moving inside a descending channel. While price has been weak, the slowdown in selling suggests buyers are beginning to defend this area instead of letting it break lower.

The next signal isn’t a huge rally. It’s whether price can reclaim the moving average and break out of the channel. That’s often how a trend shifts from steady selling to gradual recovery.

Strong recoveries begin with stronger support, not stronger hype.

#PEOPLE #Crypto #Altcoins #PriceAction #MarketStructure
PEOPLE-3.26%
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