Rare Cup‑and‑Handle Pattern, 62% Rally Possible

On June 18, $PEPE dipped ~3% to $0.0000102, amid broader risk aversion .

A cup-and-handle technical pattern has formed—a classic bullish setup—that could trigger a 62% rally on breakout .

📈 Open Interest Spikes +$74M

Derivatives activity surged, with open interest jumping $74 million in just two days, now at ~$530 million .

This reflects increased institutional and trader optimism.

🔍 What It Means

Signal Implication

Cup-and-handle pattern Potential for sharp upside move

Rising open interest Confirmation: traders are placing bullish bets

📌 If $PEPE breaches the handle’s resistance, a 62% move could follow. But a stop-loss is advisable in case the pattern fails.

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