News Front: Whale retreat and market excitement

Whale Cash-Out Impact: On May 24, trader James Wynn liquidated his PEPE position for a profit of $25.18 million, triggering a short-term price drop of 4.7% to $0.0000125, but retail investors then rushed in, pushing it back up by 12.3%. Whale movements intensify market volatility, but on-chain trading volume surged by 34% (reaching $1.2 billion), indicating that speculative interest remains high.

Analyst Divergence Intensifies: Optimists believe PEPE could short-term hit $0.000034 (double the current price), while conservative forecasts warn that if it drops below the 0.0000075 support level, it may retest the bottom at 0.00000647.

Competition and Regulatory Risks: Emerging MEME coins (like FEPE) are diverting funds, and regulatory policy uncertainty still threatens the meme coin market.

Technical Analysis: Triple Signal Resonance

MACD Divergence + Golden Cross: When the price hit a new low of 0.00000758, the MACD histogram rose against the trend, with DIFF crossing DEA to form a golden cross, signaling clear exhaustion of bearish momentum (similar to the bottom reversal pattern analyzed on webpage 8).

Bollinger Bands Narrowing and Potential Shift: After a sharp drop, the Bollinger Bands rapidly narrowed, and once the price stabilized above the middle band at 0.000009, the probability of hitting the upper band at 0.000012 increased significantly.

Critical Level Game: The current price of 0.00001377 is close to the Fibonacci 61.8% resistance level of 0.0000145. A breakout would open up upward space, otherwise, it may retest support.

Operation Summary

Short-term: Current price lightly positions for a long, add positions on a breakout of 0.0000145, target 0.000016 (near previous high), stop-loss at 0.000012.

Risk Control: If it breaks down below the 0.0000118 support with volume, decisively stop-loss and monitor the 0.0000075 defense line.

Mindset: MEME coins are highly volatile, avoid holding positions!

Core Logic: Technical divergence + Bollinger Bands narrowing supports a rebound, but the selling pressure from whales and regulatory risks shadow the market. Better to miss out than to make a mistake! $PEPE #山寨币热点

Can PEPE replicate the DOGE myth? Click to follow, and get ready for the next 100x MEME coin!