Hey Binance Square fam! The PEPE/BTC ratio just surged šāup ~55% in a weekāraising the big question: Is PEPE ready to lead a new meme-coin rally or is this just a short-term spike? Letās unpack the chart, on-chain momentum, and smart trade setupsāSquare-style āØ
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š Ratio Recap & Market Context
PEPE/BTC Ratio: Jumped ~55% in a week, flipping the 0.00000000010āÆBTC mark into solid support (now ~0.00000000013āÆBTC) .
Current Price: ~0.0000000000901āÆBTC, up ~9.5% in 24āÆhrs, though down ~12% month-over-month .
Technical Summary: Mixed signalsāneutral on MA and Oscillators, with potential pullback warnings .
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š On-Chain & Sentiment Signals
Profit-Taking Pressure: MVRV ratio dropped from ~40% to ~26%, suggesting short-term holders might take profits .
Support Testing: Key level near the 0.618 Fibonacci zone (~61.59 index) acting as a watchpointāfailure to hold could spur deeper pullbacks .
Holder Positioning: About 80% of PEPE holders are in profitāwhile that shows strength, it also increases chances of profit-taking .
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š§ Levels to Watch & Trade Setups
Setup Entry Trigger Stop-Loss Targets
š Reversal Breakout Close above recent highs (~0.0000000001320 BTC) Below 0.00000000010 0.000000000150 ā 0.000000000170 BTC
š Support Bounce Bounce near āflippedā 0.00000000010 BTC zone Below 0.00000000009 Retest recent highs (~0.00000000013 BTC)
**ā ļø Profit-Take Short** Breakdown below 0.00000000010 BTC + MVRV drop Above 0.00000000011 0.00000000008 ā 0.00000000007 BTC
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šŖ Why This Matters for the Square Fam
Timing: A ~55% rally within a week demands respectābut profit-taking signs warn of a reversal .
Structure: The 0.00000000010āÆBTC level is now pivotalāholding means bulls are in charge; losing it suggests deeper pullbacks.
Smart Playbook: Our setups give clear entries, exits, and risk zones to stay disciplinedānot emotional.
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š”ļø Square Risk & Community Tips
1. Always use stop-losses near your structure (e.g. below flipped support).
2. Risk ā¤āÆ1ā2% per trade, full stop.
3. Trade based on structure + on-chain cues, not hype.
4. Keep an eye on MVRV trends to gauge profit-taking pressure.
5. Share your setups & ask questionsāletās learn together! š¬
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š® Final Take
PEPEās run š„ is impressive, but the combo of on-chain heat and profit-taking flags caution near current ratio levels. If youāre bullish, a bounce off the 0.00000000010āÆBTC zone with tight stops offers low-risk entry. But watch outābreaking that level alongside declining MVRV could spell a swift dip.
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š£ Square FamāYour Take?
Are you riding the frogās hop, or playing it safe from the sidelines? Drop your charts, thoughts, or questions. Letās hop into this setup togetherāSquare style! šøš
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