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📊 Analysis: PEOPLEUSDT (4h)

Price: 0.01704 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 41.32 | Resistance: 0.02008 | Support: 0.01486 | Average Volume: 38894128.73 | Volume Trend: Decreasing

🤖 AI Insight

For PEOPLEUSDT on the 4H chart:

- The price is currently at 0.01704, below both EMA7 (0.01740) and EMA25 (0.01758), indicating a downtrend.
- RSI14 is at 41.32, suggesting the asset is approaching oversold territory but not yet there.
- MACD is negative, reinforcing the bearish sentiment.

**Advice:**
- **Long Entry:** Consider a long position if the price breaks above EMA7 (0.01740) with a strong volume increase, targeting 0.01800. A more conservative entry would be above 0.01850.
- **Stop Loss for Long:** Below the recent low, around 0.01486.
- **Short Entry:** If the price continues down, consider shorting around 0.01600 or lower, targeting 0.01486.
- **Stop Loss for Short:** Above 0.01800 or more conservatively above 0.02008.
- **Spot Buy:** A reasonable spot buy price could be around 0.01450 to 0.01500, considering the support level and potential for reversal.

**Disclaimer:** Technical analysis is subjective, and the advice given is based on the data provided. Always consider risk management and your overall market analysis.