🚨PEPE Is Heading Towards a Potential Bullish Breakout⬆️📈
With Open Interest Rising to $527 Million, Almost Reaching the All-Time High
The asset $PEPE
is forming a bullish formation after experiencing a 100% increase in early May. With open interest of $527 million and an increase in funding rates, this meme cryptocurrency seeks to reach resistance at $0.000020.
With the cryptocurrency market on a positive trajectory, meme-associated coins are regaining momentum. In the last 24 hours, significant meme cryptocurrencies like Dogecoin, Shiba Inu, and #pepe have shown an increase of nearly 5%. Could Pepe's bullish resurgence result in a breakout from the flag formation towards the $0.000020 level?