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PEOPLEUSDT

PEOPLE/USDT Breakout descending channel. Bullish Momentum ???💎PEOPLE has recently demonstrated significant market dynamics. After a successful breakout from the descending channel pattern, PEOPLE is poised to retest the trendline before potentially continuing its upward trajectory toward the supply area. 💎 A breakout above the supply zone could pave the way for further upward movement, allowing probability PEOPLE to reach our target supply area. 💎 However, if PEOPLE fail to sustain upward momentum and retreats back to the demand area, it may need to establish new momentum from there. 💎 A concerning scenario would occur if PEOPLE breaks below the demand area, signaling a continuation of the downward trend. This would indicate bearish sentiment and could lead PEOPLE towards the key support area or even lower levels.
by MyCryptoParadise
2
PEOPLE/USDT Success Breakout the key level or Back to rejected ?💎 PEOPLE has undeniably garnered significant attention in the market. Currently, PEOPLE is facing challenges breaking the resistance area, evident from historical rejections in this zone. There's a possibility that PEOPLE will make another attempt to break out of the resistance area, a crucial step for sustaining the upward movement. A successful breakout could propel PEOPLE toward the next major supply area. 💎 However, if PEOPLE encounters resistance and fails to break out, it may face rejection and return to the retesting phase at the demand area. 💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, PEOPLE fails to maintain its position and undergoes a breakdown. In such a case, PEOPLE may revert to the next lower demand area, requiring a bounce to reclaim the demand before considering further upward or downward movement toward a strong support area.
by MyCryptoParadise_Nathan
2
PEOPLE/USDT It required Break the resistance to continue move !!💎 PEOPLE has undeniably garnered significant interest in the market with its recent breakout from a key supply zone, often associated with a consolidation phase, signaling a potential continuation of its upward trajectory. 💎 Currently, PEOPLE is encountering resistance at the $0.01360 level, a threshold that has proven challenging to surpass as evidenced by multiple rejections. Each attempt to breach this resistance has been followed by a retreat to the demand zone for a retest, a process that aims to gather the necessary momentum for a successful breakout. 💎 Should PEOPLE manage to decisively overcome the $0.01360 resistance, it is likely that we will witness a substantial upward move, the probability of the price toward the anticipated supply zone target. 💎 On the flip side, a concerning scenario would unfold if PEOPLE revisited the demand zone without showing signs of a bullish reversal or bounce. Such a development could indicate an inability to sustain the demand level, potentially leading to a breakdown below this area. This bearish turn of events would significantly increase the likelihood of PEOPLE reverting to a more pronounced support zone.
by MyCryptoParadise
✴️ ConstituionDAO Classic Chart Analysis With 120%+ TargetPEOPLEUSDT (ConstitutionDAO) is trading daily above EMA100, EMA50 and EMA10 as well as MA200. These are short-term, medium-term and long-term moving averages. MA200 is the most important one as this level has been conquered and confirmed as support, meaning, PEOPLEUSDT is setting itself up for long-term growth. Then we have the classic RSI signal called strong/bullish when trading daily above 50. At 61 we would call this reading super strong. The MACD is really good technically speaking, above zero, trending higher with green histogram and showing plenty of room available for additional growth. Finally, we have a volume breakout as today's session produces the highest volume since December 2022. All this is pointing to additional growth. There is also a higher low, an ascending channel and multiple chart patterns... All bullish of course. With that said, prepare for all scenarios if you decide to buy as markets are always evolving and anything you see now can easily change. Namaste.
Long
by AlanSantana
1