PEPE King Returns? A Surge of 40% Imminent, Whales Accumulate, Technical Golden Cross Explodes!
PEPE is brewing a stunning counterattack! Successfully breaking through the 200-day moving average, the technical analysis shows a bullish pattern of 'descending wedge', with $0.0000108 as key support. If it holds steady, a 40% increase is expected, aiming for the high ground of $0.0000181!
Not only is the technical analysis igniting, but indicators are also fully cooperating: MACD golden cross ignites reversal signals, Chaikin money flow reaches +0.11, symbolizing significant capital influx. Market trading volume surges: spot trades at $1.27 billion within 24 hours, and derivatives reach as high as $3.94 billion, a year-on-year surge of 37%, unprecedented heat!
Even more explosive is—whales are frantically acquiring 38 trillion PEPE, with positions continuously soaring! Bullish confidence is overwhelming, with open contracts rising to $573 million, while financing rates align with $5.54 million in short liquidations, the bulls are fully dominating the battlefield!
Analyst CJ further hints: the 'pull beam' pattern has appeared, with the main force draining liquidity through backtesting, gearing up for the next explosive rally!
PEPE may be standing at the starting point of a huge change. But don't forget, meme coins are highly volatile, with risks and rewards coexisting. Hold tight to your chips, aim for the windfall, this wave cannot be missed!
