Technical analysis by CryptoAnalystSignal about Symbol PEOPLE: Buy recommendation (5/20/2025)

#PEOPLEThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.02420.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 0.02475First target: 0.02650Second target: 0.02780Third target: 0.02930