Technical analysis by CryptoNuclear about Symbol PEOPLE: Buy recommendation (9/5/2025)

🔎 Overview Currently, PEOPLE/USDT is trading around 0.0181 USDT, sitting directly inside a multi-year demand zone (0.014–0.019) that has been a critical support area since 2022. The market structure still shows a series of lower highs, indicating persistent selling pressure. However, the repeated defense of this demand zone suggests accumulation is taking place. The next few weekly candles will decide whether PEOPLE continues to range and eventually reverses upward, or breaks down toward new lows. --- 📈 Bullish Scenario Confirmation: A weekly close above 0.0235–0.027 with strong volume. Reasoning: A breakout from this supply pocket would shift the structure from bearish bias to a potential trend reversal. Upside targets: 1. 0.0360 → first key resistance 2. 0.0498 → major resistance level 3. 0.0873 → mid-term target (historical zone) 4. 0.128–0.170 → long-term potential if momentum expands Entry ideas: Conservative: Wait for a confirmed breakout + retest above 0.027. Aggressive: Gradual accumulation inside the demand zone (0.014–0.019) with a tight stop loss. --- 📉 Bearish Scenario Confirmation: A weekly close below 0.014 would invalidate the demand zone. Reasoning: Failure to hold this level would signal exhaustion of buyers and open the way to multi-year lows. Downside targets: 1. 0.0120 → minor support 2. 0.0090–0.0083 → historical low Entry ideas: Exit long positions if demand fails. Look for potential shorts or wait for new accumulation at lower levels. --- 📐 Market Structure & Patterns Demand Zone Strength: 0.014–0.019 has held as support multiple times since 2022 → a key long-term accumulation zone. Lower Highs: Since mid-2024, confirming sellers still control the upper side. Sideways Range: Between 0.014–0.027, the decisive area that will define the next major move. Liquidity Sweeps: Several wicks below support, quickly recovered → stop hunts before rebounds. --- 🛡️ Risk Management Use weekly closes for confirmation, avoid intraday noise. For longs in support zone: stop loss 8–15% below 0.014–0.019. For breakout longs: stop below retest (~0.022–0.023). Always watch BTC & overall market sentiment — altcoins tend to follow. --- 🎯 Conclusion Bullish case: Weekly close > 0.027 → upside targets 0.036 → 0.05 → 0.087+. Bearish case: Weekly close < 0.014 → downside toward 0.012 → 0.0083. PEOPLE is now at a critical multi-year inflection zone — the next breakout or breakdown could set the tone for months ahead. --- #PEOPLE #USDT #ConstitutionDAO #Crypto #TechnicalAnalysis #Support #Resistance #Breakout #CryptoTrading #Bullish #Bearish