$PEPE Holding Key Support Amid Whale Activity & Volume Surge 🐸💥
$PEPE is clinging to a crucial support at $0.00000709 as trading volume spikes over 72%, signaling major whale movement. The question now: breakout or breakdown?
Market Snapshot
Price Action: $PEPE is holding above $0.00000709, up 0.67% from $0.000007205 to $0.000007266.
Volume Surge: Trading volume exploded to 2.70T tokens, 72% above its daily average — clear sign of big-player activity.
Exchange Data: Reserves dropped 0.95% to 232.59T tokens, suggesting reduced supply and possible accumulation.
Key Levels:
Resistance: $0.00000726 – $0.00000727
Support: $0.00000709 (break below could flip bearish)
Why It Matters
In memecoin markets, whales often move before the crowd. Volume spikes and shrinking exchange supply usually signal quiet accumulation — the kind that precedes fast moves.
Right now, $PEPE’s structure hints at strength beneath the surface. The next phase — bounce or breakdown — depends on how demand reacts at support.
Bottom Line: The smart money is moving. Watch the flow, not the noise. Structure comes first — story follows.
