Technical analysis by CryptoNuclear about Symbol PEOPLE: Buy recommendation (10/26/2025)

PEOPLE is currently retesting a key long-term support zone between 0.0123 and 0.0098 USDT, an area that has repeatedly acted as a major demand base since 2022. Every touch to this zone has triggered notable accumulation or rebound phases in the past — making it a critical area where smart money often takes position. This week, the chart printed a deep liquidity sweep, with a long wick piercing below the support before quickly recovering. This pattern often reflects stop-loss hunting and may signal the start of a potential spring phase (Wyckoff structure), where big buyers begin to absorb liquidity at discounted levels. While the macro trend remains bearish, a solid weekly close above 0.0175 – 0.0240 would confirm structural strength and open the door for a possible trend reversal. However, if price closes below 0.0098, it would confirm a breakdown of the accumulation base, likely extending the bearish cycle. --- 📈 Bullish Scenario: Confirmation trigger: Weekly close > 0.0175, ideally > 0.0240 with volume expansion. Bullish targets: 0.0240 → 0.0495 → 0.0845 → 0.1280 → 0.1700. Narrative: The 0.0123–0.0098 zone could serve as a springboard for a potential Wyckoff-style reversal. Holding above this range may lead to a double-bottom formation, setting up a new bullish structure. --- 📉 Bearish Scenario: Trigger: Weekly close < 0.0098 → confirms breakdown below multi-year support. Implication: Continuation of the bearish trend and expansion toward lower liquidity zones. Narrative: Failure to defend the 0.0123–0.0098 demand zone would indicate that accumulation isn’t complete, and sellers remain in control. --- 🔍 Pattern & Market Structure: Primary trend: Long-term downtrend since 2022. Potential pattern: Double Bottom / Accumulation Base. Candle behavior: Deep lower wick = liquidity grab / smart money absorption. Reversal confirmation: Bullish weekly close with strong volume reaction inside the 0.0123–0.0098 support range. --- 🎯 Trading Strategy: Accumulation entry zone: 0.0123 – 0.0098 (low-risk scaling area for patient buyers). Aggressive confirmation entry: Weekly close above 0.0175. Profit targets: 0.0240 → 0.0495 → 0.0845. Protective stop: Below 0.0095. Ideal R:R: Minimum 2:1 or higher. --- 🧠 Analyst Notes: PEOPLE has returned to its most critical support area since 2023. The 0.0123–0.0098 range is not just a technical level — it’s a psychological and structural battlefield between long-term buyers and sellers. If this zone holds, it could mark the beginning of a new accumulation cycle heading into 2026. But a breakdown below it would confirm a continuation of the broader distribution phase. --- Conclusion: The 0.0123–0.0098 zone defines the balance between accumulation and capitulation. Holding = high-probability reversal setup. Breaking down = continuation of the bearish macro trend. The upcoming weekly candle will likely set the tone for PEOPLE’s 2026 trajectory. --- #PEOPLE #PEOPLEUSDT #ConstitutionDAO #CryptoAnalysis #TechnicalAnalysis #WeeklyChart #SupportZone #LiquiditySweep #DoubleBottom #WyckoffTheory #AccumulationZone #MarketReversal #SwingTrade #CryptoTrading #PriceAction