$PEPE 🔍 First: What does the chart show?
Current price: 0.00000957 USDT
24-hour drop: -6.27%
Lowest price in 24 hours: 0.00000950
Highest price in 24 hours: 0.00001052
Strong red candles with a clear break of the upward trend line in the picture.
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⚠️ Is it a serious leak?
Yes, there are strong signs of sudden selling pressure, which may be due to one of the following reasons:
1. Selling from whales who disposed of large amounts all at once.
2. Rumors or negative internal news have not yet been made public.
3. Profit-taking movement after a previous gradual rise.
🐳 Is it whale manipulation?
The most likely scenario currently: whale manipulation, based on:
Very strong pressure even though the market was in relative stability.
The upward trend line was suddenly broken in an instant, indicating a systematic selling process.
📉 Additional indicators:
The broken support level at 0.00000971 did not hold.
The order book shows that buying is still stronger (52.69% vs 47.31%), but the decline indicates fear in the market.
The 24-hour volume (148.74M USDT) is considered high, suggesting that a large entity has entered or exited.
✅ What should you do now as an investor?
1. Do not enter immediately, wait for the next candle to stabilize.
2. Watch if the price closes above 0.00000960 – because it's a new technical support.
3. Follow news from Binance and X and PepeTeam, perhaps there is news or an announcement coming.
🔥 Summary:
What is happening is likely whale manipulation to accumulate new positions or scare small investors.
But breaking support at this speed is not normal and indicates strong movement behind the scenes.
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