😱 Incredible Surge! PEPE Soars 10%, Whales Hoard 2 Trillion Aiming for $0.00001465? 🚨💥
PEPE skyrocketed 10% today to $0.00000869, driven by whales increasing their holdings by 2 trillion, igniting the meme coin craze once again!
Whales are in full force
Within a week, giant whales have withdrawn 2 trillion PEPE from Binance, including 1.5 trillion on April 30 and 500 billion today. According to CoinGlass, open interest has risen 6.6% to 434 million, with $1.57 million liquidated in the last 24 hours (1.45 million being shorts), showing heightened trading enthusiasm.
Technical patterns are bullish
PEPE has formed a bullish engulfing candlestick pattern and morning star formation, breaking through the 23.6% Fibonacci level ($0.00000823), aiming for the $0.0000090 resistance. If the cup and handle pattern breaks the neckline, the target is $0.00001465 (61.8% Fibonacci level). Super trend and MACD bullish signals are strong, maintaining an optimistic outlook as long as it holds above $0.0000075.
Surge or Correction?
The meme coin craze and whale manipulation are pushing PEPE to new heights! If it loses the neckline, the $0.0000075 support level will be tested. The crypto community is buzzing, where will the next wave be?