I am Big G, telling harsh stories from the crypto world through candlesticks, today analyzing the life and death situation of PEPE!
News: Whales are celebrating, but will retail investors follow?
Whales investing heavily:
On-chain data shows that a mysterious large holder has swept the market twice within two weeks, spending $8.9 million to accumulate 1 trillion PEPE, with unrealized profits exceeding $15 million. This 'buying more as it rises' momentum indicates a clear bet on an explosive future.
Trading volume crushes DOGE:
PEPE's 24-hour spot trading volume surged to $3.9 billion, surpassing Dogecoin by $1.1 billion, with on-chain activity accounting for 27% of market cap (DOGE only 5.6%), indicating that hot money is flowing in crazily.
Exchange support:
Binance added the PEPE/FDUSD trading pair in May and included a fiat currency channel for the Middle East, speeding up liquidity injection.
Technical Analysis: Bollinger Bands are tightening, MACD signals are dormant.
Bollinger Bands extreme contraction:
Upper band 0.00001466, middle band 0.00001382, current price 0.00001298, lower band 0.00001298 (the distance between the three bands is only 0.00000168), amplitude compressed to 1.69%, countdown to a change in trend! Breaking the upper band is bullish, breaking the lower band leads to a flash crash.
MACD is flat below the water:
Double lines (DIF: -0.0614, DEA: -0.073) are stuck below the zero axis, green bars slightly shrinking but no golden cross, both bulls and bears are temporarily at a standstill, waiting for volume to break the deadlock.
Volume betrayal risk:
A sudden appearance of a shrinking bottom bar (0.013758), price is flat without falling — the main force is watching, retail investors shouldn't be cannon fodder!
Operation Summary: Three harsh words determine life and death.
Breakthrough 0.00001466: decisively chase long positions, target previous high 0.00001632, aiming for a 10%+ swing;
Break below 0.00001298: stop-loss retreat, look for support at 0.000011 (risk release area);
Sideways in a dormant state: hold USDT and wait, look for MACD golden cross above water + increased volume before entering again!
Big G's conclusion: PEPE is now like a tightly wound spring, whales have bet on the direction, but the 420 trillion sell pressure is still a bomb.
I ask you: Do you think this wave is whales pushing the price to sell off, or is it a real charge? Share your position in the comments, let's go all the way!
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