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Shavkat-1984
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On-chain data shows significant supply
The consolidation is intensifying due to significant supply on top, highlighted by IntoTheBlock's in-the-money and out-of-the-money indicator. The immediate out-of-the-money range between $0.000023 and $0.000024 represents $21.36 trillion in incoming supply, held by 12.61 thousand addresses that are likely looking to lock in profits. Despite this supply, 78.95% of the trading volume remains in-the-money.
The positive in-the-money zone consists of 132.51 trillion Pepe tokens valued at $3.08 billion, while the out-of-the-money zone contains 35.3 trillion Pepe tokens valued at $821 million.
PEPE Price Targets
According to Fibonacci levels, the bullish recovery may face resistance at the 38.20% level at $0.000027762. If the rally extends, target levels include $0.00003583 (61.80%) and $0.00004297 (78.60%). Conversely, a bearish continuation may test support levels at the psychological $0.000020 mark and horizontal support at $0.000018366.
The consolidation is intensifying due to significant supply on top, highlighted by IntoTheBlock's in-the-money and out-of-the-money indicator. The immediate out-of-the-money range between $0.000023 and $0.000024 represents $21.36 trillion in incoming supply, held by 12.61 thousand addresses that are likely looking to lock in profits. Despite this supply, 78.95% of the trading volume remains in-the-money.
The positive in-the-money zone consists of 132.51 trillion Pepe tokens valued at $3.08 billion, while the out-of-the-money zone contains 35.3 trillion Pepe tokens valued at $821 million.
PEPE Price Targets
According to Fibonacci levels, the bullish recovery may face resistance at the 38.20% level at $0.000027762. If the rally extends, target levels include $0.00003583 (61.80%) and $0.00004297 (78.60%). Conversely, a bearish continuation may test support levels at the psychological $0.000020 mark and horizontal support at $0.000018366.
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