$PEPE

Here's a concise analysis of Pepe Coin (PEPE) as of today, **August 9, 2025**:

📈 **Price Action & Breakout**

- PEPE is trading at **$0.000012** (up **7.42%** today), breaking past key resistance at **$0.0000123** after 5 days of consolidation. This surge included 8 consecutive green candles on the 15-minute chart.

- Trading volume jumped **17.68%** to **$1.01 billion**, signaling strong bullish momentum.

🚀 **Key Drivers**

1. **Ethereum Rally**: ETH nearing all-time highs ($4,891) boosted PEPE, as traders target high-beta meme coins linked to Ethereum.

2. **Fed Rate-Cut Bets**: 93% probability of a September rate cut fueled risk-asset rallies, including PEPE.

3. **Whale Activity**: Large Ethereum addresses increased PEPE holdings by **2.36%** in 30 days, though exchange reserves also rose slightly (split accumulation/profit-taking).

📊 **Technical Outlook**

- **Bullish Indicators**:

- Price above all key EMAs (10, 20, 50, 100, 200-day) with **16/16 "Strong Buy"** signals.

- MACD positive, RSI neutral (48-57), and Stoch RSI oversold, suggesting room for growth.

- **Immediate Targets**:

- Resistance: **$0.0000128** (July 23 high). Break could trigger run to **$0.0000147**.

- Support: **$0.0000110** (breakout zone). Failure risks drop to **$0.0000098**.

⚠️ **Risks**

- Derivatives volume dropped **73%** since mid-July, reducing leverage-driven volatility.

- Whale dominance at **43%** (2-year low) may increase retail-driven swings.

💎 **In Short**

PEPE's breakout aligns with Ethereum strength and macro optimism. Technicals favor bulls, but watch ETH's hold above $4,100 and PEPE's $0.0000128 resistance for next moves.