🐸 Pepe goes off-script: A dramatic leap and a "corrective slap" shake confidence... Was it a whale game?
In a surreal scene not lacking in drama, the $PEPE cryptocurrency market shifted from a rising star in yesterday's session to a merciless volatile beast, after achieving a leap that touched 0.00001039 before dropping to 0.00000954 and currently stabilizing at 0.00000966 with a daily decline of -6.67%.
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📈 Sudden Rise: Who ignited the jump in the previous two days?
By tracking technical data and momentum on Twitter, it seems that the jump was the result of compounded factors:
1. An important and decisive technical breakout
The price broke a major resistance near 0.00000930, attracting new investors and triggering a rapid buying wave.
The crossover of moving averages (especially MA25 above MA99) in yesterday's session gave a strong bullish signal.
2. A bombshell tweet from a major anonymous account
A famous account specialized in memes @MemeWhaleX tweeted a cryptic message:
"PEPE is about to paint the frog chart of dreams 🐸💚. Get ready for liftoff. #PEPEArmy"
The tweet spread like wildfire, with thousands of likes and retweets, driving speculators to flood into the market.
3. Rumors about a new listing for #pepe
An unconfirmed rumor about the possibility of listing $PEPE in one of the hot wallets on Robinhood, despite the absence of official confirmation.
📉 The decline: Has the door closed on latecomers 🤔?
After the euphoria of the rise, the market received a harsh corrective blow. The reasons are multiple, but these are the main ones:
1. Intense profit-taking by major speculators silently
Whales took advantage of the rapid jump to sell large quantities at the peak (0.00001030+), causing quick selling pressure and a price slip.
2. The MACD indicator has entered a negative phase 🕶
The MACD currently indicates a slight bearish crossover, with the red trend on the histogram. This is a signal of slowing bullish momentum and the market entering a correction phase.
3. A corrective tweet from the same anonymous account
The same account later tweeted:
> "Don’t FOMO too hard. Frogs leap… and land. Stay smart 🧠🐸"
What gave an implicit signal that the jump has temporarily ended, prompting some traders to exit before the slip.
🔮 Upcoming Aspirations: Is there hope or a potential threat?
🔸 Extremely Critical Support:
The level 0.00000930 has become an important psychological and technical support, and if broken again, we might return to the 0.00000888 areas.
🔸 Next Resistance ⚡️:
The area between 0.00000988 and 0.00001010 will be crucial for any subsequent upward attempts.
🔸 Daily Indicators💡:
RSI at moderate levels, indicating room for further movement in both directions.
Trading volumes in the last 24 hours show a slight decline compared to yesterday's peak, indicating confusion in the market.
🧠 Article Summary: What lies behind the jumps is not always "memes" but can be calculated precisely
The PEPE coin has proven again that the world of meme coins is not child's play. One tweet can ignite a wave, but profit-taking is merciless. Between listing rumors and whale games, the golden advice remains:
Follow the news, watch the charts, and don't enter late to a feast that's already over.
