$PEPE was dumped by 4 trillion whales. Below the resistance level, bearish, but the future will still be bright💥
Latest trend analysis
Current price: about 0.00000734 USDT
Recent trend: Past 24 hours: down 0.98%
Past week: up 3.38%, but down 10.26% month-on-month
Technical pattern: Support/resistance: Testing the $0.0000077 resistance level, and may encounter further resistance at $0.0000085 after breaking through.
Bullish/bearish indicators: The chart pattern is mixed, and a break through the current resistance may show a bullish signal.
Social media: Market sentiment: Concerns about overvaluation, whales withdrawing 4 trillion tokens affect the network value to transaction (NVT) ratio. Community sentiment: Mixed, breaking through key resistance levels may lead to bullish predictions. Latest developments: Technical analysis update: Observe the "channel up" pattern, indicating that the price action is structural, but the valuation is overvalued.
Price Target: If the bullish trend continues, the target may be between $0.000012 and $0.000017.
Summary: $PEPE The token is in a cautiously optimistic stage. Although the K-line pattern shows growth potential, concerns about overvaluation and key resistance levels remind traders to further confirm. Market sentiment shows both caution and optimism about the future.
