$PEPE – Rollback or rocket launch? Technical Analysis reveals what lies behind the pullback 🐸🚀
In the world of digital currencies, movements are not measured by noise, but by the hidden intentions behind them.
The $PEPE coin, which has become a symbol of the meme movement, is experiencing a slight pullback after reaching $0.00001250, and has currently stabilized at $0.00001208.
But this pullback does not signal weakness; on the contrary, it represents a technical reorientation that may precede a strong upward wave.
📊 Encouraging technical pattern – has the pullback begun?
The chart indicates the formation of a W-shaped double bottom in a historical support zone, which is one of the most significant technical models signaling an upward reversal.
- Technical bottom confirmed after a strong pullback from low levels
- The price maintains an upward structure despite fluctuations.
- Momentum indicators such as MACD and RSI have started to move into the positive zone.
🐋 Whale movements – signs of institutional accumulation
- Over 24 trillion PEPE purchases have been recorded by large wallets in recent weeks.
- The decrease in exchange balances indicates the transfer of tokens to cold wallets – a sign of the intent to hold.
- These movements coincide with an increase in trading volume, reflecting growing interest from the market.
🔍 Technical Analysis indicates potential targets:
- First target: $0.00001465 – represents a breakout of the previous resistance
- Friend's target: $0.00001650 – in case of continued momentum
- Critical support: $0.00001100 – maintaining it strengthens the bullish scenario
⚠️ What lies behind price behavior?
This pullback is not a rejection but a thoughtful adjustment within the upward structure.
The market offers the opportunity to "buy on the dip" at a time when others are afraid, which is a classic characteristic of the early stages of strong rallies.
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💬 Conclusion: PEPE is in the process of reformatting – do not confuse a pullback with a crash.
