🔥🔥🔥$PEPE Coin Price Could Hit $0.000015 as Breakout Pattern Emerges🚀🚀🚀🚀🚀
Key Points:
PEPE is testing resistance near $0.00001050, forming a bullish falling wedge.
Whale transactions dropped 75% since May, signaling cautious sentiment.
Open interest fell 5.71% to $470.49M, hinting at reduced speculation.
Pepe Coin (PEPE) may be poised for a breakout after forming a bullish falling wedge pattern. The price is currently hovering around $0.00000950, and if it breaks resistance near $0.00001050, it could rally to $0.00001200–$0.00001400, with potential to reach $0.000015.
Technical indicators show improving momentum: MACD is nearing a bullish crossover, while CMF remains negative but is stabilizing. However, large transactions have dropped from 800 per day in May to under 200, suggesting whales are on standby.
On-chain data shows mixed sentiment. While 26.5% of holders are in profit, 64.7% are still at a loss. Wallet growth continues, with over 400,000 holders, signaling growing adoption.
PEPE’s open interest and trading volume have dipped, reflecting a pause in speculative activity. A confirmed breakout could renew interest from large investors and push prices higher.
