🚨 PEPE Watch: Is the Meme King Back? 🐸🚀

After a brutal dip to a $2.65B market cap earlier this year, $PEPE is back above $5B and breaking long-term bearish resistance. 📈 The memecoin formed a strong double bottom in March and just confirmed a breakout — could this be the start of a real trend reversal? 👀

📊 Google Trends shows a spike in interest (🔼 92% from 42%), signaling community momentum — always key for meme-driven assets.

But here's the dilemma... 🤔

Whales are cashing out. Onchain Lens reports James Wynn closed $PEPE & $ETH longs with a tidy $538K profit — and rotated into $DOGE 10x long. Smart money repositioning? Or early exit before a real run?

🧠 Fundamentals say:

- NVT Ratio at 43.21 → price outpacing value

- 431K+ holders → growing base

- BTC & ETH correlation ~0.9+ → still tracking majors

Bottom line: $PEPE broke trend, bulls are back, but macro signs say proceed with caution. A retest of $0.000016 could confirm liftoff — or reveal a fakeout. Stay sharp, frens. 🧵💥