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Whales are buying up $PEPE to push the price higher, aiming for levels at $0.00002, $0.000025, and $0.000028. These areas are where the most traders betting on price drops (shorts) will be forced to sell, causing the price to spike even more.
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This is bullish for $PEPE , as the price could rise quickly when these targets are hit.
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Just look at what happened when $PEPE broke through that green cloud at $0.00001 in early November – the price more than doubled shortly after.