Recently, PEPE is facing an unprecedented opportunity for a price increase, with two key factors potentially pushing it to a new height of $0.000060, representing an astonishing increase of up to 200%.

First, it is worth noting the spot inflow/outflow data for PEPE. Since November 13, PEPE has seen a capital outflow from exchanges amounting to $341 million, which undoubtedly sends a strong signal to the market. In the cryptocurrency space, withdrawing funds from exchanges to wallets is often viewed as an ideal buying opportunity and a potential precursor to price increases. This phenomenon of capital outflow for PEPE not only indicates the covert positioning of large funds but also suggests strong market confidence in its future performance.

Secondly, from a technical analysis perspective, PEPE also exhibits remarkable potential for upward movement. Technical analysis from AMBCrypto shows that PEPE has successfully broken through a bullish flag and peak price action pattern on the daily timeframe, which undoubtedly brings great encouragement to investors. More importantly, if PEPE's daily closing price can break through the critical level of $0.0000216, then in the coming days, its price is expected to see a 200% surge, aiming for a new height of $0.000060.

Meanwhile, PEPE's Relative Strength Index (RSI) also provides strong support for its upward movement. As of the latest data, PEPE's RSI value is 62, still within a relatively healthy range, far below the overbought zone, indicating that this meme coin still has significant room for upward movement in the future.

However, the market is not entirely smooth sailing. AMBCrypto's analysis of Coinglass data also points out that traders hold large positions on the bullish side, but excessive leverage has brought potential risks. The main liquidation levels are at $0.0000199 on the downside (bullish position of $7.4 million) and $0.00002143 on the upside (bearish position of $5.05 million). At these key levels, traders' decisions will directly impact the fluctuations in PEPE's price.

Despite this, PEPE's performance over the past 24 hours is still commendable. Although the price has dropped by 1.10%, trading at approximately $0.00002097, its trading volume has decreased by 15%, which may suggest that the market is experiencing a brief adjustment rather than a genuine downward trend.

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