Major movements in the $PEPE market have drawn attention! A significant whale deposited 427 billion PEPE ($8.5M) into Kraken within the past 30 hours, causing a noticeable impact. With 1 trillion PEPE holdings worth $18.4M, this whale has made impressive gains, including $2M from its latest position and a total of $11.7M in past profits.

📉 Current Status:
PEPE is trading at $0.00001845, reflecting a -10.18% decline over 24 hours. It’s now testing the support zone at $0.00001701. If support holds, we could see a potential rebound to the resistance level of $0.00002196. Otherwise, selling pressure might push the price lower.

🔍 Technical Outlook:

- The Parabolic SAR indicates bullish momentum.

- The Directional Movement Index (DMI) shows the trend remains weak but bears currently have slight control (-D: 20.485, +D: 17.876).

- Long/Short Ratio suggests 65.07% bullish sentiment.

📊 Whale activity and bullish bias signal potential for growth, but breaking key resistance levels is crucial for a rally. If buying pressure continues, PEPE could make significant gains. Otherwise, resistance may stall upward momentum.

🌟 Will buyers step in, or will resistance hold? Share your thoughts below! ⬇️

#PEPE‏