I am looking at the $PEOPLE USDT order flow, and the data is quite telling.
With 92 whales in short positions against only 38 in long, the shorts are currently in profit, which often creates a trap for latecomers.
I am planning to enter a long position as I expect the price to move up and force those trapped shorts to close their positions.
I am looking for an entry at 0.00660.
I will place my stop loss at 0.00640.
To keep my 1:2 risk-to-reward ratio, my target 2 will be at 0.00700.

PEOPLEUSDT
Безсрочно
0.0067
+2.44%