$PEOPLE is showing a strong bearish structure, with 2 short sequences totaling $25k (0.732%). In a $3M daily volume environment, this level of relative impact is significant and signals aggressive selling pressure.

The high percentage (0.732% cumulative) is the key factor here — it indicates that sellers are not just probing, but actively positioning with intent. This makes the setup far more reliable than typical low-impact signals.

The average trade size ($123) suggests decent participation, and at the current price of 0.00771, the asset is under clear pressure.

If continuation appears, this can extend into a deeper downside move.

Market Bias: Bearish

Entry (Short):

Look for continuation on pullbacks or breakdown confirmation

Targets (TP):

TP1: 0.0073

TP2: 0.0067

TP3: 0.0060

Stop Loss (SL):

Above 0.0082 (invalidates bearish structure)

Risk Management:

This is a higher-conviction setup, but still avoid chasing; manage entries carefully and stick to 1–2% risk