🔥 PEPE Whales Accumulate Aggressively — Is a Parabolic Rally Inevitable?
PEPE fell 16.5% to $0.0000089 as whales stealthily acquired 303T tokens, a 3.95% rise that might signal a dramatic comeback.
Big players withdrew tokens to secret wallets, reducing exchange reserves as tariff worries frightened regular investors. A hold at $0.00000098 might prompt a rebound, but failure could test $0.00000093.
PEPE's price dropped to $0.0000086, fluctuating in an 18.5% range, while whale wallets increased their holdings, signaling confidence in the token's long-term prospects, Nansen said.
Exchange-held PEPE fell 2.97% to 247.32 trillion tokens. This reduction shows investors are shifting assets into private wallets, which lessens selling pressure.
The cryptocurrency market faces more headwinds as the U.S. prepares to impose 10%–70% tariffs on some goods.
PEPE may recover 200x if bullish momentum returns, despite short-term gloomy perception. Holders rose 0.107% to 458,865, indicating retail interest.
A cooling bearish move is characterized by decreasing volume. On July 1, the price bottomed out at $0.00000087 and swiftly rose, forming a V-shaped recovery. Volume increased strongly throughout this rebound, suggesting bullishness.
After rebounding, pricing made a local peak at $0.00000108 on July 3. The price subsequently retraced, establishing a rounded top or distribution phase, which usually implies decreasing bullish momentum and a bearish reversal. The slow decrease from high and lack of strong purchasing activity indicate sellers are regaining control.
PEPE prices oscillate between $0.00000097 and $0.00000098 as buyers try to sustain this support level.
Two requirements must be satisfied for significant rehabilitation. Buying volume must grow significantly. Second, the price must break $0.00000105 resistance. Without these developments, the path of least resistance leads downward to $0.00000092, the next possible support objective.
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