【$PEOPLE Signal】Going long: 1H breakout above the overbought zone, with funds continuing to push up


$PEOPLE RSI 1H 85.67, price breaks above the upper Bollinger Band at 0.0061, current price 0.006229. Buy order depth ratio 1.30; the bid wall is solid and sell pressure is quickly absorbed. 4H MACD and 1H MACD both show bullish expansion, with momentum not yet exhausted. Funding rate 0.01% is relatively high, but OI is stable, and long positions are strongly preferred. Current risk-reward is 1.5, with short-term pullback risk, but the breakout structure is intact—directly betting on continuation is more suitable.
🎯 Direction: Long
⚡ Entry/Limit orders: 0.00621031 - 0.00622900
🛑 Stop-loss: 0.00592900
🚀 Target 1: 0.00667900
🚀 Target 2: 0.00690400
🛡️ Trade management: - Execute strategy: After reaching Target 1, reduce position by 50% and move the stop-loss up to breakeven. If price drops back to the entry level, automatically exit to protect principal.
Check real-time market 👇 $PEOPLE
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned