$PEOPLE Next move analysis:

Based on the current market analysis, the PEOPLE/USDT (ConstitutionDAO) token is experiencing a mixed trend with some indications of potential short-term bullish momentum. At present, the token is trading around $0.0637, with recent analysis suggesting both support and resistance levels to watch closely.

Key Indicators:

1. Technical Indicators: The chart shows that the token's current support level is around $0.0618, with resistance near the $0.078 mark. If PEOPLE manages to break past this resistance, it could aim for a higher range around $0.08-$0.082. Conversely, a failure to maintain current support could lead to a pullback towards $0.054 or lower.

2. RSI and MACD Analysis: The Relative Strength Index (RSI) indicates a neutral zone, implying that the token is neither oversold nor overbought. Meanwhile, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, which suggests that there might be growing buying pressure in the near term.

3. Moving Averages: On the 4-hour chart, PEOPLE is trading below the 25-day Exponential Moving Average (EMA) but is approaching the 99-day EMA, suggesting possible consolidation before a breakout attempt. The next few days could be critical in determining the direction of the trend, especially if the broader crypto market shows signs of stability.

Market Sentiment:

The sentiment surrounding ConstitutionDAO remains relatively positive due to its community-driven nature, even though the original campaign to buy the U.S. Constitution has concluded. This underlying community support might continue to influence its price positively, especially with any new developments in decentralized governance or Web3 projects.

Short-Term Outlook:

Analysts predict a modest recovery with a target price around $0.0644 by the end of this week, indicating a potential 5% increase if the bullish momentum continues. However, traders should monitor broader market trends, as larger crypto assets like Bitcoin and Ethereum could influence smaller tokens like PEOPLE.