🤖 AI Insight

Based on the 1-day chart of PEOPLEUSDT, here's my analysis:

The chart is showing a gentle downtrend with decreasing volume, indicating a potential exhaustion of sellers. The RSI is at 47, which is oversold, suggesting the price may be due for a rebound.

The EMA7 is below the EMA25, indicating a short-term downtrend. However, the MACD is nearing a zero crossover, which could be a bullish sign.

Considering these factors, I'd recommend a Long/Short strategy:

Best Long entry price: 0.0175 (just below the current price) to take advantage of the potential rebound.
Best Short entry price: 0.0215 (just above the current price) to short the potential exhaustion of sellers.

As for a spot buy, I'd wait for a pullback to around 0.0165 before entering a long position, as the price may be due for a bigger bounce. The risk-reward ratio would be more favorable at this level, with potential gains up to the resistance level of 0.02588.

Remember to always use proper risk management and adjust your strategy according to the market conditions.