$PEPE is showing signs of renewed bullish momentum, surging over 57% in the past month—a strong move compared to the broader crypto market, which has remained relatively calm over the last 24 hours. Despite the rally, $PEPE is still trading more than 51% below its all-time high, leaving room for significant upside if the current momentum continues.

📤 Massive Exchange Outflows Signal Growing Holder Confidence

Since July 16, 2025, nearly 17.9 trillion PEPE tokens have been withdrawn from centralized and decentralized exchanges, according to Santiment data. This kind of steady outflow typically reflects increasing confidence among holders, as they move assets to private wallets—reducing short-term sell pressure.

Interestingly, this trend has continued even as price surged by more than 12%, suggesting that most holders are not looking to sell anytime soon. This is often seen as a bullish on-chain signal.

🧠 MVRV Ratio Suggests Low Sell Risk Despite Recent Gains

The 30-day MVRV (Market Value to Realized Value) ratio has moved into positive territory, currently sitting at +12.24%. Historically, short-term profit-taking starts when MVRV crosses the 20–30% range. At its current level, the risk of a mass sell-off remains low, and there's room for further gains.

This aligns with the observed exchange outflows—light profits, strong holding behavior, and healthy price action.

📈 Technical Resistance in Sight: $0.00001497 Is the Key

PEPE’s price is approaching a critical resistance zone near $0.00001497. A confirmed breakout above this level could spark a fresh leg up, supported by bullish on-chain data and fading sell pressure.

With both technicals and fundamentals aligning, $PEPE appears poised for a potential continuation of its uptrend in the coming days or weeks.

🔔 Disclaimer: This article is not financial advice. Always do your own research before making investment decisions.

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