$PEPE 🚀 Memecoin Whales Make Moves – Is a Rebound Coming? 🚀

The PEPE/USDT pair is trading at $0.00001120 (-3.19% in 24H) amid a major whale exit, but key indicators suggest a potential turnaround.

🔥 What’s Happening?

- Whale Activity: A single wallet dumped 497.5B PEPE ($5.8M) on Binance, booking a $6.86M profit after months of accumulation.

- Volume Spike: Trading volume surged 18% post-sell-off, hitting $1.1B as retail traders reacted.

-Technical Setup: RSI at 42 (near oversold), with $0.00001150 as critical support

💡 Why Watch PEPE Now?

1️⃣ Meme Coin Correlation: PEPE moves with DOGE (0.65 correlation) – Bitcoin’s stability could reignite momentum.

2️⃣ Buying Opportunity: Large sell-offs often precede rebounds if support holds.

3️⃣ Volatility Play: PEPE’s 6.76% daily volatility offers swing trade potential.

⚠️ Warning: MACD shows short-term bearish momentum – manage risk!

Pro Tip: Watch for a break above $0.00001200 to confirm bullish reversal 

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