The $PEPE party is not over!

Despite last week's volatility, the chart is still holding within its long-term ascending channel - and showing signs of strength.

🔹 Whale transactions ($100K+) spiked to 720 on May 12 - a level that typically signals profit-taking and often precedes sharp corrections.

🔸 Price rebounded off $0.00001274 and now targets $0.000015

🔹Open Interest bounced back to $542M, with long/short ratios above 1.0- again near highs, showing confidence from traders.
🔸 If the structure holds, the projected range sits between $0.000025-0.00003

🔹 Volume on #Binance exceeds $375M, with strong spot activity and no major sell walls

#PEPE also featured in the world’s first offline crypto trading tournament (ICTC) last week - and traders who followed the data likely caught both the pullback and breakout.

With momentum building, order books thick, and sentiment shifting -
this doesn't look like the end. It looks like the next round.