Is PEPE about to break through? Key weekly resistance at $0.00001150 tests the bulls!
Key point #BNB1000Next?
Resistance level: $0.00001150 → Bulls must break through and hold to target the range of $0.000013 – $0.000019.
Accumulation zone: $0.00000600–$0.00001200 → High trading volume provides strong support. #FedRateCut25bps
Whale activity: In a short time, buying 1.52T tokens briefly pushed the market capitalization to $6.9B.
Current trend
Price: $0.00001096
Weekly structure: Still operating within an upward channel
Technical indicators: RSI neutral, MACD shows early bullish momentum, Ichimoku support around $0.0000109.
What should traders watch for?
Can the weekly close stay above $0.00001150?
Is the trading volume following?
On-chain whale fund flow
Suge's view #USBitcoinReserveDiscussion
PEPE has been consolidating in the accumulation zone for a long time; this "breakthrough test" is crucial in determining whether it can enter a new round of market activity.
Breaking through = Bullish continuation
Being suppressed = Returning to the consolidation range