😱PEPE Token Poised for a Breakout: A 200% Surge Ahead?💫
(FOLLOW ME❤️💯🫶)#PEPE, the Ethereum-based memecoin, is gaining attention as bullish momentum builds on technical and on-chain indicators. Here’s why the token could be primed for an explosive rally:
A Whale’s Playground: Massive Accumulation Underway
Since November 13, whales have quietly accumulated over $341 million worth of PEPE, removing tokens from exchanges and signaling strong holding sentiment. This reduced exchange supply often serves as a precursor to major price moves.
A Bull Flag Is Flying: Chart Patterns Signal Upside Potential📉#PEPEThe PEPE price chart reveals a classic flag and flagpole pattern—an indicator of an imminent move higher. If the token breaks above the critical resistance level of $0.0000216, it could trigger a rally targeting the $0.000060 threshold, representing a 200% gain potential.
RSI Suggests More Room to Run
The Relative Strength Index (RSI) is currently at 62, indicating that PEPE is far from overbought territory. This technical pattern suggests that there is plenty of room for further upward momentum.
Liquidation Levels Add Fuel to the Fire
Key liquidation clusters are located at 0.0000199 $ for long positions and 0.00002143 $ for short positions. A break of the 0.0000216 $ threshold could trigger bearish covering rallies, amplifying price gains and attracting waiting buyers.
Market sentiment shines despite pause
Although trading volume has dropped 15% in the last 24 hours, and price has retreated 1.10%, PEPE has held above crucial support levels. These signals, combined with whale activity, suggest that the recent consolidation is a moment