PEOPLE UpdateI´m considering the recent downside to be a correction from the move which began on mid-April.
Price is finding support in the blue 0.18 zone, but the lack of any reversal patterns in smaller timeframes leads me to believe that we will still see further tests of this level.
Break of the green descending trendline would be the first indications that bulls are regaining control.
PEOPLEUSDT trade ideas
$PEOPLE Breakout in Action!After a strong period of accumulation, MYX:PEOPLE has cleanly broken out of the falling trendline and is now pushing higher. This breakout confirms the bullish bias we’ve been tracking.
Entry: $0.021- $0.0198
First target: $0.0258
Final target: $0.0306
SL is placed below the recent structure
This is how a well-formed breakout setup plays out — minimal noise, clean execution.
#PEOPLE/USDT#PEOPLE
The 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: 0.02475
First target: 0.02650
Second target: 0.02780
Third target: 0.02930
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.01980, acting as strong support from which the price can rebound.
Entry price: 0.02040
First target: 0.02086
Second target: 0.02135
Third target: 0.02185
#PEOPLE/USDT#PEOPLE
The 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 rebound from the lower boundary of the descending channel. This support is at 0.01855.
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: 0.01881
First target: 0.01940
Second target: 0.01984
Third target: 0.02051
PEOPLE Potential Buy Setup (4H Order Block Reaction)🔑Key Levels
🟢Demand Zone (Buy Area):0.02396 – 0.02366
- Entry:0.02396
- ⚠️Stop Loss:** **0.02348** *(below the support zone)*
- 💵Take Profit:0.02689
Setup Conditions:
1. Price Action Context:
- Price reacted after hitting a **4H bullish order block**.
- The only strong bullish zone is **0.02396 – 0.02366**.
2. **Confirmation Required:**
- Wait for price to reach the **demand zone (0.02396 – 0.02366)**.
- Check for **weak bearish momentum** (e.g., RSI > 30, MACD bullish divergence, or low selling volume).
- **15M candle confirmation** (e.g., bullish engulfing, pin bar, or rejection wick).
3. **Risk Management:**
- Enter **only if all conditions align**.
- Avoid if price approaches the zone with **strong bearish momentum**.
ConstitutionDAO PEOPLE price analysis After a six-month downward trend, #PEOPLE price is trying to recover
For May/June, the goal is to keep #PEOPLEUSDT above $0.018
📈 When and if this condition is met, then it will be possible to start the growth path to the $0.05-0.09 range
This range will be very important or even unrealistic to break above the first time, there are too many people who want to sell their longs "to zero" that were bought a year ago at those prices.
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**PEOPLE/USDT: Potential Reversal After Order Block Break** ### **Key Levels:**
- **Daily Order Block (Resistance):** Strong bearish momentum hit the daily order block, weakening its strength.
- **Hourly Breakout:** Price broke the resistance at **0.02460**, with a bullish order block forming before the breakout.
### **Trade Setup:**
- **Entry Zone:** **0.02336 - 0.02460** (Retest of the bullish order block with weak momentum + confirmation of a reversal candlestick pattern).
- **Stop Loss:** **0.02305** (Below the order block for invalidation).
- **Take Profit (TP):** **0.03058** (Next key resistance level).
### **Analysis:**
1. **Order Block Interaction:**
- The daily bearish order block lost strength after a strong rejection.
- On the hourly chart, a bullish order block formed before the breakout at **0.02460**, indicating buyer interest.
2. **Confirmation Needed:**
- Weak momentum retest + reversal candlestick (e.g., bullish engulfing, hammer, or pin bar) for entry confirmation.
3. **Risk Factors:**
- False breakout risk if price fails to hold above the order block.
- Low liquidity zones may cause slippage.
### **Trade Plan Summary:**
- **Entry:** **0.02336 - 0.02460** (With reversal confirmation)
- **SL:** **0.02305**
- **TP:** **0.03058**
- **Risk-Reward Ratio:** ~1:3 (Favorable)
**#PEOPLE #USDT #OrderBlock #Breakout #Crypto
$PEOPLE/USDT Update 📈 $PEOPLE/USDT Update
After months in a downtrend channel, SEED_DONKEYDAN_MARKET_CAP:PEOPLE has finally broken out with strong momentum.
Price has flipped a key support zone of 0.0140 and could retest it before a potential leg up. 🟢
Entry:- CMP
Targets:
TP1:- $0.01926
TP2:- $0.02533
TP3:- $0.03705
TP$:- $0.06248
SL: $0.00978
Breakout + retest play in motion.
Let's see how it unfolds. 🚀.....DYOR, NFA
Over 120% profit with PEOPLE (1D)The higher-timeframe structure of PEOPLE is bearish, and it has experienced significant drops for a while. However, it is now approaching a strong support zone.
We are looking for buy/long positions in the demand zone.
A daily candle closing below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
PEOPLEUSDT Long Term Channel FormationPEOPLE is structurally confined within a well-defined descending channel. Price action recently reacted off a weak support level, prompting a corrective bounce targeting the immediate supply zone around 0.01777.
However, unless a significant bullish breakout occurs, rejection from this zone is highly probable and could sustain bearish momentum. A continuation to the projected drop target near the 0.00620 region appears likely, aligning with the lower boundary of the channel. This zone offers a high-probability area for long-term accumulation.
Should the projected path unfold as illustrated, a gradual multi-phase bullish structure may emerge, targeting 0.02482, 0.04995, and ultimately testing the upper boundary near 0.09071.
#PEOPLE/USDT#PEOPLE
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.01200.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.01216
First target: 0.01232
Second target: 0.01257
Third target: 0.01294
Peopleusdt trading opportunityPEOPLEUSDT is trading within a potential rising ascending channel. Within this structure, a bullish flag and pole setup has emerged, with the price recently breaking above and now attempting a pullback. The plan is to go long from the pullback, targeting the pole's final objective as indicated on the chart.
PEOPLE LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer