Can the frog leap over the dragon gate?

It all depends on this key squat!

News aspect:

Whales are hoarding + big players are betting, but risks are hidden.

Whales are frantically buying: By the end of May, over 11.75 trillion PEPE was transferred from exchanges to unknown wallets, suspected whale hoarding. On June 12, well-known trader James Wynn even spent $13.9 million to go long on PEPE, with leverage as high as 10 times, currently floating profit over $610,000.

Community enthusiasm surges: Trump recently posted about meme culture, driving a surge in PEPE discussions on social media; on-chain data also shows that the number of holding addresses has soared to 438,000, with medium to long-term holders being the mainstream.

Concerns remain: Wynn previously lost tens of millions of dollars due to high leverage liquidation, and the current futures market bears are still lurking; if the price breaks key levels, a stampede may occur.

Technical analysis:

The lifeline is $0.000012, MACD hides a turning point.

Key support level: Current price 0.00001113, only a step away from the strong support zone 0.00001200-0.00001220; if it breaks down with increased volume, it may drop to 0.00001000.

Initial rebound signal appears: 30-minute MACD histogram turns from negative to flat, approaching a golden cross; RSI rises from the oversold zone to 37.63, short-term selling pressure weakens.

Bollinger Bands narrow: The 4-hour Bollinger channel is tightening (range 0.00001200-0.00001350), indicating an upcoming trend change.

Operation summary: Focus on two actions, don't be cannon fodder!

Position holders: Maintain a steady hold at 0.00001200, can temporarily hold; reduce positions if it rebounds to 0.00001320; if it breaks 0.00001200 with increased volume, decisively stop loss.

For those with no positions: Stand firm at 0.00001220 and try a small long position, target 0.00001380; if it breaks 0.00001100, observe and wait for a pullback to 0.00001000 to accumulate in batches.

Leverage players: Avoid going short against the trend! If it breaks 0.00001320 with increased volume, you can go long for 0.00001500.

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