🔥 $PEOPLE — Pressure Building at Demand 🔥
PEOPLE has broken down from its rising channel and is now sliding inside a short-term descending structure, keeping momentum tilted to the downside. The market is no longer in expansion mode — it’s in correction and distribution.
Price is now approaching a critical demand zone at $0.0081–$0.0086, an area where buyers may attempt a defensive stand. A clean reaction from this level could fuel a relief bounce toward $0.0098–$0.0105, offering short-term opportunity amid volatility. ⚡
But there’s no room for hesitation 👇
Failure to hold this demand zone keeps bearish momentum fully intact and exposes the chart to deeper downside liquidity.
📉 Bias: Bearish / Corrective
📍 Key Demand: $0.0081–$0.0086
🎯 Bounce Target: $0.0098–$0.0105
This is a high-stakes zone — reaction here will decide the next move. 💥
