🚨 Whales are betting... Will PEPE collapse or surprise everyone? 😱📈
Brief Technical Analysis:
The PEPE coin is experiencing strong selling pressure, with a decline of nearly 5% amidst rising Bitcoin dominance. Technical support appears at $0.00000946, while the key resistance is at $0.00001013, and the RSI and MACD indicators suggest limited rebound potential, but it is fragile without clear momentum.
👀 Notably, whale wallets have started to accumulate significantly after the drop, raising questions: Is it a trap for speculators? Or a precursor to a price explosion soon?
💣 On the other hand, competition is increasing from projects like Neo Pepe (NEOP) that have stolen the spotlight by raising over $2 million, putting more pressure on PEPE to maintain its position.
🎭 The future of PEPE is shrouded in uncertainty, but it is not yet decided... The smart trader watches the movements of the whales more than the candles themselves!
