"PEPE Under Fire: Technical Collapse and Geopolitical Tensions Shake the Market – Will the Whales Return Soon?"
🔻 Current price: 0.00001007 USDT
🔺 Change percentage: -3.27%
📉 Lowest price in 24 hours: 0.00000965 USDT
📈 Highest price in 24 hours: 0.00001051 USDT
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📊 Quick technical analysis:
1. Clear break of the main support:
The upward trend line was broken strongly on June 16, causing a violent sell-off that led to a price drop to 0.00000965.
2. Currently ranging (Consolidation):
The price is now moving between support 0.00000990 and resistance 0.00001040, which is a temporary fluctuation area after the drop.
3. High trading volumes (Volatility spike):
Approximately 189 million USDT trading volume in 24 hours, indicating the entry of major players (whales or institutions).
4. Short-term market trend: Bearish
The price is below the EMA averages, and there are no explicit technical signals for a reversal yet.
🌍 Influential geopolitical factors:
🔺 Tensions in the Middle East and Israeli operations:
Military escalation in the region generates fear and selling in the markets in general, especially for high-risk currencies like PEPE. Investors are turning to safe havens like gold or the dollar.
🔻 Signals from the US Federal Reserve:
Rumors about delaying interest rate cuts increase pressure on cryptocurrencies, as liquidity flow to risk assets decreases.
📢 Impact of X (formerly Twitter):
Prominent influencers on Twitter discussing 'whale accumulation of PEPE' create rumors of a new pump soon, but no technical confirmation yet.
🧠 Summary:
✅ Opportunity for short-term speculation between 0.00000990 and 0.00001050.
❌ High risks for long-term buying unless resistance 0.00001080 is firmly broken.
🔔 Watch geopolitical news and US interest rate data next week.
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