🐸 $PEPE Coin Price at Tipping Point: 40% Rally or 50% Crash?

šŸ“Š PEPE is showing signs of a major move, surging to $0.0000127 with $1.6B in trading volume, the highest since May 2024. A bullish falling wedge on the chart hints at a potential 40% rally to $0.0000181 if a breakout is confirmed.

šŸ“ˆ PEPE is testing the upper trendline of the wedge. A daily close above $0.0000108 would confirm the breakout, supported by a MACD bullish crossover and a recent close above the 200-day SMA — both classic signals of a shifting trend.

šŸ’¼ Whales have opened $4.5M in long positions, betting on an upward move. If PEPE holds above the key $0.0000106 support level, momentum could build quickly toward the upside target.

āš ļø But caution: a breakdown below $0.0000106 would invalidate the wedge, possibly leading to a 50% crash, with downside targets near $0.0000064, as warned in earlier analysis.

šŸ‘€ With high volume, bullish indicators, and whale action — PEPE is coiled for volatility. The next few candles could set the tone.

āš ļø Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.