Get started

Peopleusdtidea

#PEOPLE/USDT Breakout in Action !#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 have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the decline. There is a major resistance area (marked in green) at 0.01950, which represents strong resistance. For inquiries, please leave a comment. We are in a consolidation trend below the 100 moving average. Entry price: 0.01870 First target: 0.01790 Second target: 0.01747 Third target: 0.01698 Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Short
by CryptoAnalystSignal
PEOPLEUSDT – Symmetrical Triangle Near Apex: Ready for a Break?Overview Structure: Symmetrical Triangle — a long-term descending trendline (lower highs) converging with an ascending trendline (higher lows) since May. Volatility is tightening as price approaches the apex (late August–early September). Current Price: ± 0.0194 Key Levels: Resistance: 0.0230 → 0.0250 → 0.0290 → 0.0347 → 0.0435 Support: rising trendline (~0.018–0.0185) → 0.0160 → 0.0135 → 0.0110 → 0.0098 (YTD low) --- Pattern Details Symmetrical Triangle formed by a descending supply line connecting lower highs from Q4 2024 and an ascending demand line from the May 2025 swing low. This is a neutral pattern — direction can go either way, with probabilities close to 50/50. Breakout confirmation requires a daily close outside the triangle with increased volume. Measured move: the initial triangle height is ~0.012–0.014. Adding/subtracting this from the breakout point gives a projected move to: Upside target: ~0.033–0.035 (aligning with 0.0347 resistance) Downside target: ~0.007–0.010 (aligning with 0.0098 support zone) --- Bullish Scenario Trigger: Daily close above the upper trendline (~0.021–0.022) with strong volume Possible Path & Targets: 1. 0.0230 (first retest) 2. 0.0250 (minor supply) 3. 0.0290 (major resistance) 4. 0.0347 (measured move target & key historical resistance) 5. Extended run: 0.0435 if momentum continues Invalidation: close back below 0.021 after breakout. Stop-loss often set just below breakout retest. --- Bearish Scenario Trigger: Daily close below the lower trendline (~0.018–0.0185) with strong volume Possible Path & Targets: 1. 0.0160 2. 0.0135 3. 0.0110 4. 0.0098 (low; break here could open room to 0.007–0.010 range per measured move) Invalidation: close back above 0.0185 after a downside break. --- Trade Notes & Risk Management Symmetrical triangles typically break between two-thirds and three-quarters of the way to the apex — we are currently near that zone. Waiting for confirmation is safer than guessing direction. Prefer the break–retest–go approach over chasing the first breakout candle. Use laddered take-profit at horizontal levels and keep risk ≤1–2% per trade. Be aware of fakeouts near the apex — volume is a key filter. #PEOPLE #PEOPLEUSDT #ConstitutionDAO #TrianglePattern #SymmetricalTriangle #Breakout #PriceAction #CryptoTA #Altcoin #SupportResistance
Long
by CryptoNuclear
PEOPLEUSDT Breaking Out of Multi-Month Triangle!PEOPLE is currently showing a bullish breakout from a Symmetrical triangle resistance on the daily chart, accompanied by increasing volume. Technical Highlights: -Pattern: Symmetrical triangle formation that has been developing since early May. -Breakout: We can confirm the breakout once the day's candle closes above the trend resistance line -Moving Averages: Trading above the 50 EMA and 100 EMA. -Volume: Noticeable spike in buying volume, confirming breakout strength. If bullish momentum sustains above the breakout zone, we could see a 50-100% bullish move coming weeks. Stop loss : $0.0185 Resistance 1: $0.0255 Resistance 2: $0.0305 Resistance 3: $0.0430 Cheers Hexa Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research and manage risk accordingly.
Long
by HexaTrades
1
PEOPLEUSDT, We are the one!Hello, people! This is ESS team. Let's see the PEOPLE chart. Chart which has been supported multiple times by the BLUE 5day's downtrend line, have recently broken through the GREEN short-term trend line and headed for the RED downtrend line. If it breaks through the RED downtrend line and confirms retest, you can enter the long position more stably. Even if it falls after being resisted the RED downtrend line, If it is once again supported the 5D downtrend line, It could re-take a chance for a long position. If it breaks strongly down the BLUE downtrend line, Please note that there may be a strong bearish.
Long
by honeyping