#BTCWhaleTracker Report on the Current Status of PEPE Coin:

The PEPE coin is experiencing a notable recovery in recent days. Its price has risen by more than 20% over the course of a week, and it is currently trading near $0.000012. This increase came as a result of strong movements from major investors (whales) who bought massive amounts of the coin, exceeding 4 trillion units, which reduced its supply on the exchanges.

The decrease in supply, combined with increasing demand, created buying pressure that contributed to the price rise. Technically, the coin broke a pattern known as "the descending wedge," which usually indicates the beginning of a bullish wave. The next target for speculators is the level of $0.000016, which represents strong resistance, and if it is breached, we may witness larger increases.

However, on the flip side, PEPE remains a meme coin not supported by a strong technical project, making it susceptible to sharp and unexpected fluctuations. Therefore, it is advised not to enter with all capital and to manage risks well.$SOL