Pepe Coin Price Nears Breakout as Profit Ratio Hits 2024 High
Click @QAMD and VOTE me to support me. Your support matters.
Price Movement: Pepe Coin (PEPE) is trading at $0.000008813, up 2% in the last 24 hours, and is approaching a potential breakout point.
Profit Ratio Spike: The profit-to-loss ratio for PEPE reached 3.10, the highest in 2024, indicating strong profitability despite 31.85% of holders being at a loss.
Market Dynamics: Whale activity has decreased, with large holders repositioning or selling. Meanwhile, futures traders are increasingly bullish, evidenced by a 7.84% rise in open interest.1
Technical Indicators: PEPE is in a symmetrical triangle pattern, signaling an imminent breakout. The Chaikin Money Flow (CMF) shows slight capital inflow, and the Coppock Curve suggests a buy signal.
Potential Outcomes:
- Bullish: A close above $0.00001000 could lead to a rally towards $0.00001200.
- Bearish: A drop below $0.00000807 may result in a decline to $0.00000700.
Click here and VOTE me to support me
Follow for updates, analysis, trends and price prediction. Like and Share. #BinanceSquareFamily VOTE me to support me. Thanks
Buy and enjoy 👇🏻 but Click and VOTE me only your 10 Seconds. Your support matters.
