😱🚀 PEPE on the Verge of a Major Breakout! $0.000020 in Sight as Open Interest Soars to $527M!⚡
🐸📈 Bull Flag Formation Ignites Hype
The meme coin frenzy is back — and $PEPE is front and center.
After a stunning 100% rally in early May, PEPE is now forming a classic bull flag pattern. With $527M in open interest — just shy of its all-time high — and a funding rate spike to 0.0145%, bulls are eyeing the $0.000020 mark.
🧐 Chart Watch:
On the 4H chart, PEPE has been ranging between $0.000015 and $0.00001196 for 11 days, consolidating after its explosive run-up. The setup? A textbook bull flag — the calm before a potential breakout storm.
🔍 Technicals Support the Surge:
🔻MACD: Bullish crossover
🔻RSI: Trending upward
🔻Volume: Slowly increasing with each push toward resistance
🎯 Breakout Targets:
🔻$0.00001657 (50% Fibonacci)
🔻$0.000020 (78.6% Fib + psychological level)
🛡️ Key Support Levels:
🔻$0.00001196
🔻$0.000010
💥 Derivatives Market Heating Up!
Over $1M in short liquidations in 24 hours signals rising bullish dominance. The jump in open interest and funding rate suggests leveraged longs are piling in.
Is PEPE prepping for liftoff again? Keep your eyes on the charts — this meme coin might just surprise the market!
